Tanalys

Crude Oil (WTI) (Z5) Intraday: key resistance at 42.25.

Crude Oil (WTI) (Z5) Intraday: key resistance at 42.25.

Pivot: 42.25

Our preference: Short positions below 42.25 with targets @ 40 39.2 in extension.

Alternative scenario: Above 42.25 look for further upside with 43.3 44.12 as targets.

Comment: As long as 42.25 is resistance, likely decline to 40.

Supports and resistances:

44.12

43.3

42.25

40.99 Last

40

39.2

38.3

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