Tanalys

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

Pivot: 40.75

Our preference: Long positions above 40.75 with targets @ 42.86 43.3 in extension.

Alternative scenario: Below 40.75 look for further downside with 39.8 39.2 as targets.

Comment: The RSI is mixed and calls for caution.

Supports and resistances:

44.12

43.3

42.86

42.04 Last

40.75

39.8

39.2

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