Tanalys

Crude Oil (WTI) (Q5) Intraday: bullish bias above 58.

Pivot: 58

Our preference: Long positions above 58 with targets @ 59.55 60 in extension.

Alternative scenario: Below 58 look for further downside with 57.6 56.85 as targets.

Comment: The RSI calls for a bounce.

Supports and resistances:

60.5

60

59.55

58.78 Last

58

57.6

56.85

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version