Tanalys

Crude Oil (WTI) (X5) ST: limited upside.

Pivot: 37.5

Our preference: Long positions above 37.5 with targets @ 49.3 54 in extension.

Alternative scenario: Below 37.5 look for further downside with 33 25 as targets.

Comment: The RSI is around its neutrality area at 50%

Supports and resistances:

61.5 **

54 **

49.3 ***

44.76 Last

37.5 ***

33 **

25 **

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