Crude Oil‏ (WTI)‏ (V5) Intraday: under pressure.

2015-09-08

Pivot: 47.25

Our preference: Short positions below 47.25 with targets @ 43.2 & 41.75 in extension.

Alternative scenario: Above 47.25 look for further upside with 48.45 & 49.4 as targets.

Comment: As long as 47.25 is resistance, likely decline to 43.2.

Supports and resistances:
49.4 
48.45 
47.25 
45.68 Last
43.2 
41.75 
40.45