Tanalys

Crude Oil (WTI) (V5) Intraday: turning down.

Pivot: 47

Our preference: Short positions below 47 with targets @ 41.75 40.55 in extension.

Alternative scenario: Above 47 look for further upside with 49.4 52 as targets.

Comment: The RSI is badly directed.

Supports and resistances:

52

49.4

47

44.21 Last

41.75

40.55

39.8

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