Tanalys

Crude Oil (WTI) (N5) Intraday: turning up.

Pivot: 58.15

Our preference: Long positions above 58.15 with targets @ 59.34 60.08 in extension.

Alternative scenario: Below 58.15 look for further downside with 57.26 56.57 as targets.

Comment: The RSI is mixed and calls for caution.

Supports and resistances:

60.83

60.08

59.34

58.9 Last

58.15

57.26

56.57

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