Tanalys

Crude Oil (WTI) (V5) Intraday: key resistance at 47.6.

Pivot: 47.6

Our preference: Short positions below 47.6 with targets @ 45.9 45.1 in extension.

Alternative scenario: Above 47.6 look for further upside with 48.4 48.8 as targets.

Comment: The RSI broke below a rising trend line.

Supports and resistances:

48.8

48.4

47.6

46.52 Last

45.9

45.1

44.6

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