Tanalys

Crude Oil (WTI) (N5) Intraday: bullish bias above 59.05.

Pivot: 59.05

Our preference: Long positions above 59.05 with targets @ 60.25 60.5 in extension.

Alternative scenario: Below 59.05 look for further downside with 58.7 57.9 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

60.9

60.5

60.25

59.87 Last

59.05

58.7

57.9

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