Tanalys

Crude Oil (WTI) (N5) Intraday: caution.

Pivot: 60.5

Our preference: Long positions above 60.5 with targets @ 62 62.7 in extension.

Alternative scenario: Below 60.5 look for further downside with 59.8 59 as targets.

Comment: The RSI is posting a bearish divergence (not confirmed yet).

Supports and resistances:

63.65

62.7

62

61.44 Last

60.5

59.8

59

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version