Tanalys

Crude Oil (WTI) (U5) Intraday: key resistance at 41.7.

Pivot: 41.7

Our preference: Short positions below 41.7 with targets @ 40.4 40.1 in extension.

Alternative scenario: Above 41.7 look for further upside with 42.67 43.15 as targets.

Comment: As long as 41.7 is resistance, likely decline to 40.4.

Supports and resistances:

43.15

42.67

41.7

40.71 Last

40.4

40.1

39.75

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