Tanalys

Crude Oil (WTI) (N5) Intraday: bullish bias above 59.5.

Pivot: 59.5

Our preference: Long positions above 59.5 with targets @ 60.7 61.4 in extension.

Alternative scenario: Below 59.5 look for further downside with 58.95 58.3 as targets.

Comment: The RSI is above its neutrality area at 50%.

Supports and resistances:

61.7

61.4

60.7

60.2 Last

59.5

58.95

58.3

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