Tanalys

Crude Oil (WTI) (Q5) Intraday: consolidation in place.

Pivot: 60.45

Our preference: Short positions below 60.45 with targets @ 58.98 58.3 in extension.

Alternative scenario: Above 60.45 look for further upside with 60.9 61.55 as targets.

Comment: The RSI is bearish and calls for further downside.

Supports and resistances:

61.55

60.9

60.45

59.54 Last

58.98

58.3

57.5

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