Tanalys

Crude Oil (WTI) (Z5) Intraday: key resistance at 46.19.

Pivot: 46.19

Our preference: Short positions below 46.19 with targets @ 45.15 44.44 in extension.

Alternative scenario: Above 46.19 look for further upside with 46.65 47.45 as targets.

Comment: As long as the resistance at 46.19 is not surpassed, the risk of the break below 45.15 remains high.

Supports and resistances:

47.45

46.65

46.19

45.43 Last

45.15

44.44

43.92

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