Tanalys

Crude Oil (WTI) (M5) ST: limited upside.

Pivot: 50

Our preference: Long positions above 50 with targets @ 64 70 in extension.

Alternative scenario: Below 50 look for further downside with 40 33 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

77 **

70 **

64 **

56.93 Last

50 ***

40 **

33 **

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