Tanalys

Crude Oil (WTI) (U5) Intraday: key resistance at 45.15.

Pivot: 45.15

Our preference: Short positions below 45.15 with targets @ 42.5 41.9 in extension.

Alternative scenario: Above 45.15 look for further upside with 46.55 47.4 as targets.

Comment: As long as 45.15 is resistance, likely decline to 42.5.

Supports and resistances:

47.4

46.55

45.15

43.38 Last

42.5

41.9

41.4

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