Tanalys

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

Pivot: 60.35

Our preference: Long positions above 60.35 with targets @ 61.8 62.2 in extension.

Alternative scenario: Below 60.35 look for further downside with 59.6 59.3 as targets.

Comment: The RSI broke above a bearish trend line.

Supports and resistances:

62.5

62.2

61.8

61.2 Last

60.35

59.6

59.3

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version