Tanalys

Crude Oil (WTI) (J5) Intraday: caution.

Pivot: 42.7

Our preference: Long positions above 42.7 with targets @ 44.5 45.5 in extension.

Alternative scenario: Below 42.7 look for further downside with 42 40.6 as targets.

Comment: Intraday technical indicators are mixed and call for caution.

Supports and resistances:

46.3

45.5

44.5

43.31 Last

42.7

42

40.6

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