Tanalys

Crude Oil (WTI) (N5) Intraday: continuation of the rebound.

Pivot: 59.3

Our preference: Long positions above 59.3 with targets @ 60.8 61.45 in extension.

Alternative scenario: Below 59.3 look for further downside with 58.7 57.9 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

61.8

61.45

60.8

60.34 Last

59.3

58.7

57.9

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version