Tanalys

Crude Oil (WTI) (Z5) Intraday: turning up.

Pivot: 45.25

Our preference: Long positions above 45.25 with targets @ 46.4 46.95 in extension.

Alternative scenario: Below 45.25 look for further downside with 44.85 44.45 as targets.

Comment: The break above the resistance at 45.25 triggered an upward acceleration to 46.4.

Supports and resistances:

47.3

46.95

46.4

45.57 Last

45.25

44.85

44.45

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