Tanalys

Crude Oil (WTI) (Q5) Intraday: under pressure.

Pivot: 60.9

Our preference: Short positions below 60.9 with targets @ 59.6 59.3 in extension.

Alternative scenario: Above 60.9 look for further upside with 61.55 61.8 as targets.

Comment: Technically the RSI is below its neutrality area at 50.

Supports and resistances:

61.8

61.55

60.9

60.25 Last

59.6

59.3

58.98

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