Tanalys

Crude Oil (WTI) (U5) Intraday: further upside.

Pivot: 47.4

Our preference: Long positions above 47.4 with targets @ 49.5 50.5 in extension.

Alternative scenario: Below 47.4 look for further downside with 46.65 45.95 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

51.4

50.5

49.5

49.15 Last

47.4

46.65

45.95

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