Tanalys

Crude Oil (WTI) (N5) Intraday: intraday support around 59.4.

Pivot: 59.4

Our preference: Long positions above 59.4 with targets @ 60.4 60.8 in extension.

Alternative scenario: Below 59.4 look for further downside with 58.7 58.25 as targets.

Comment: Intraday technical indicators are mixed and call for caution.

Supports and resistances:

61.25

60.8

60.4

59.71 Last

59.4

58.7

58.25

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