Tanalys

Crude Oil (WTI) (X5) Intraday: the downside prevails.

Pivot: 45.75

Our preference: Short positions below 45.75 with targets @ 44.35 43.85 in extension.

Alternative scenario: Above 45.75 look for further upside with 46.4 47.15 as targets.

Comment: The RSI is bearish and calls for further downside.

Supports and resistances:

47.15

46.4

45.75

44.77 Last

44.35

43.85

43.2

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