Tanalys

Crude Oil (WTI) (Q5) Intraday: key resistance at 57.95.

Pivot: 57.95

Our preference: Long positions above 57.95 with targets @ 60 60.82 in extension.

Alternative scenario: Below 57.95 look for further downside with 56.85 55.7 as targets.

Comment: A support base at 57.95 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

61.57

60.82

60

59.38 Last

57.95

56.85

55.7

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version