Tanalys

Crude Oil (WTI) (Z5) Intraday: key resistance at 41.5.

Pivot: 41.5

Our preference: Short positions below 41.5 with targets @ 40 39.2 in extension.

Alternative scenario: Above 41.5 look for further upside with 42.25 43.3 as targets.

Comment: As long as 41.5 is resistance, likely decline to 40.

Supports and resistances:

43.3

42.25

41.5

40.54 Last

40

39.2

38.3

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