Tanalys

Crude Oil (WTI) (U5) Intraday: key resistance at 42.7.

Pivot: 42.7

Our preference: Short positions below 42.7 with targets @ 41.33 40.9 in extension.

Alternative scenario: Above 42.7 look for further upside with 43 43.85 as targets.

Comment: As long as 42.7 is resistance, likely decline to 41.33.

Supports and resistances:

43.85

43

42.7

42.38 Last

41.33

40.9

40.4

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