Tanalys

Crude Oil (WTI) (K5) Intraday: caution.

Pivot: 52.3

Our preference: Short positions below 52.3 with targets @ 49.8 48.2 in extension.

Alternative scenario: Above 52.3 look for further upside with 54.1 55.7 as targets.

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

Supports and resistances:

55.7

54.1

52.3

51.66 Last

49.8

48.2

47.1

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