Tanalys

Crude Oil (WTI) (Q5) Intraday: turning up.

Pivot: 60

Our preference: Long positions above 60 with targets @ 61.3 61.8 in extension.

Alternative scenario: Below 60 look for further downside with 59.6 59.3 as targets.

Comment: The RSI broke above a bearish trend line.

Supports and resistances:

62.2

61.8

61.3

61.07 Last

60

59.6

59.3

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