Tanalys

Crude Oil (WTI) (Z5) Intraday: consolidation in place.

Pivot: 46.1

Our preference: Short positions below 46.1 with targets @ 44.85 44.45 in extension.

Alternative scenario: Above 46.1 look for further upside with 46.4 46.95 as targets.

Comment: As long as 46.1 is resistance, likely decline to 44.85.

Supports and resistances:

46.95

46.4

46.1

45.66 Last

44.85

44.45

44.1

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