Tanalys

Crude Oil (WTI) (X5) Intraday: continuation of the rebound.

Pivot: 46.9

Our preference: Long positions above 46.9 with targets @ 49 49.5 in extension.

Alternative scenario: Below 46.9 look for further downside with 45.7 45.2 as targets.

Comment: The RSI is well directed.

Supports and resistances:

50

49.5

49

48.35 Last

46.9

45.7

45.2

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