Tanalys

Crude Oil (WTI) (N5) Intraday: key resistance at 59.3.

Crude Oil (WTI) (N5) Intraday: key resistance at 59.3.

Pivot: 59.3

Our preference: Short positions below 59.3 with targets @ 57.9 57.5 in extension.

Alternative scenario: Above 59.3 look for further upside with 60 60.8 as targets.

Comment: As long as 59.3 is resistance, likely decline to 57.9.

Supports and resistances:

60.8

60

59.3

58.73 Last

57.9

57.5

57

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