Tanalys

Crude Oil (WTI) (Q5) Intraday: further advance.

Pivot: 51.4

Our preference: Long positions above 51.4 with targets @ 54.7 55.35 in extension.

Alternative scenario: Below 51.4 look for further downside with 50.55 48.9 as targets.

Comment: The RSI is well directed.

Supports and resistances:

56.4

55.35

54.7

52.49 Last

51.4

50.55

48.9

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