Tanalys

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

Pivot: 42

Our preference: Long positions above 42 with targets @ 45.5 47.3 in extension.

Alternative scenario: Below 42 look for further downside with 40.6 39.4 as targets.

Comment: The RSI is bullish and calls for further advance.

Supports and resistances:

48.8

47.3

45.5

44.77 Last

42

40.6

39.4

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