Tanalys

Crude Oil (WTI) (Z5) Intraday: rebound expected.

Pivot: 44.3

Our preference: Long positions above 44.3 with targets @ 46.7 47.27 in extension.

Alternative scenario: Below 44.3 look for further downside with 43.75 43.25 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Supports and resistances:

48

47.27

46.7

45.7 Last

44.3

43.75

43.25

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