Tanalys

Crude Oil (WTI) (Q5) Intraday: break of a ST rising trendline support.

Pivot: 53.4

Our preference: Short positions below 53.4 with targets @ 51.4 50.55 in extension.

Alternative scenario: Above 53.4 look for further upside with 53.85 54.7 as targets.

Comment: The RSI advocates for further downside.

Supports and resistances:

54.7

53.85

53.4

52.25 Last

51.4

50.55

50

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