Tanalys

Crude Oil (WTI) (Q5) Intraday: key resistance at 59.3.

Pivot: 59.3

Our preference: Short positions below 59.3 with targets @ 57.95 56.85 in extension.

Alternative scenario: Above 59.3 look for further upside with 60 60.5 as targets.

Comment: As long as the resistance at 59.3 is not surpassed, the risk of the break below 57.95 remains high.

Supports and resistances:

60.5

60

59.3

58.7 Last

57.95

56.85

55.7

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