Tanalys

Crude Oil (WTI) (X5) Intraday: turning up.

Pivot: 44.35

Our preference: Long positions above 44.35 with targets @ 45.75 46.4 in extension.

Alternative scenario: Below 44.35 look for further downside with 43.7 43.2 as targets.

Comment: A support base at 44.35 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

47.1

46.4

45.75

45.3 Last

44.35

43.7

43.2

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