Tanalys

Crude Oil (WTI) (K5) Intraday: the upside prevails.

Pivot: 47

Our preference: Long positions above 47 with targets @ 49.5 50.8 in extension.

Alternative scenario: Below 47 look for further downside with 46 44.8 as targets.

Comment: The RSI is well directed.

Supports and resistances:

51.9

50.8

49.5

48.87 Last

47

46

44.8

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