Tanalys

Crude Oil (WTI) (Z5) Intraday: under pressure.

Pivot: 46.95

Our preference: Short positions below 46.95 with targets @ 45.12 44.45 in extension.

Alternative scenario: Above 46.95 look for further upside with 47.6 47.95 as targets.

Comment: As long as 46.95 is resistance, likely decline to 45.12.

Supports and resistances:

47.95

47.6

46.95

45.89 Last

45.12

44.45

43.45

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version