Tanalys

Crude Oil (WTI) (V5) Intraday: key resistance at 41.8.

Pivot: 41.8

Our preference: Short positions below 41.8 with targets @ 40.4 39.95 in extension.

Alternative scenario: Above 41.8 look for further upside with 42.6 43.2 as targets.

Comment: As long as 41.8 is resistance, likely decline to 40.4.

Supports and resistances:

43.2

42.6

41.8

41.08 Last

40.4

39.95

39.45

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