Tanalys

Crude Oil (WTI) (Z5) Intraday: the downside prevails.

Pivot: 46.1

Our preference: Short positions below 46.1 with targets @ 44.1 43.72 in extension.

Alternative scenario: Above 46.1 look for further upside with 46.4 46.95 as targets.

Comment: As long as 46.1 is resistance, likely decline to 44.1.

Supports and resistances:

46.95

46.4

46.1

44.44 Last

44.1

43.72

43.25

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