Tanalys

Crude Oil (WTI) (K5) Intraday: supported by a rising trend line.

Pivot: 45.4

Our preference: Long positions above 45.4 with targets @ 48.15 48.9 in extension.

Alternative scenario: Below 45.4 look for further downside with 44.8 44 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

49.5

48.9

48.15

47.27 Last

45.4

44.8

44

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