Tanalys

Crude Oil (WTI) (N5) Intraday: the downside prevails.

Pivot: 60

Our preference: Short positions below 60 with targets @ 58.7 58.2 in extension.

Alternative scenario: Above 60 look for further upside with 60.5 60.9 as targets.

Comment: The RSI is bearish and calls for further downside.

Supports and resistances:

60.9

60.5

60

59.3 Last

58.7

58.2

57.9

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