Tanalys

Crude Oil (WTI) (N5) ST: limited upside.

Pivot: 52.5

Our preference: Long positions above 52.5 with targets @ 64 70 in extension.

Alternative scenario: Below 52.5 look for further downside with 42 33 as targets.

Comment: The RSI is around its neutrality area at 50%

Supports and resistances:

77 **

70 **

64 **

58.36 Last

52.5 ***

42 **

33 **

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