Crude Oil (WTI) may rise to 82.60 - 83.00

(K4) Intraday: further advance.

Pivot

81.70

Our preference

Long positions above 81.70 with targets at 82.60 & 83.00 in extension.

Alternative scenario

Below 81.70 look for further downside with 81.30 & 80.80 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

83.40

83.00

82.60

82.01 Last

81.70

81.30

80.80

Number of asterisks represents the strength of support and resistance levels.

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