Tanalys

Crude Oil (WTI) (Q5) Intraday: capped by a negative trend line.

Pivot: 60.6

Our preference: Short positions below 60.6 with targets @ 59.3 58.5 in extension.

Alternative scenario: Above 60.6 look for further upside with 61.3 61.8 as targets.

Comment: As long as 60.6 is resistance, likely decline to 59.3.

Supports and resistances:

61.8

61.3

60.6

60.15 Last

59.3

58.5

58

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version