Tanalys

Crude Oil (WTI) (Z5) Intraday: key resistance at 45.1.

Pivot: 45.1

Our preference: Short positions below 45.1 with targets @ 43.48 43.05 in extension.

Alternative scenario: Above 45.1 look for further upside with 45.65 46.20 as targets.

Comment: As long as the resistance at 45.1 is not surpassed, the risk of the break below 43.48 remains high.

Supports and resistances:

46.20

45.65

45.10

43.87 Last

43.48

43.05

42.55

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