Tanalys

Crude Oil (WTI) (V5) Intraday: key resistance at 46.4.

Pivot: 46.4

Our preference: Short positions below 46.4 with targets @ 43.2 41.75 in extension.

Alternative scenario: Above 46.4 look for further upside with 47.25 48.45 as targets.

Comment: As long as 46.4 is resistance, likely decline to 43.2.

Supports and resistances:

48.45

47.25

46.4

44.16 Last

43.2

41.75

40.5

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version