Crude Oil (WTI)

2015-09-18

Pivot: 47.6

Our preference: Short positions below 47.6 with targets @ 45.1 & 44.6 in extension.

Alternative scenario: Above 47.6 look for further upside with 48.4 & 48.8 as targets.

Comment: The RSI broke below a rising trend line.

Supports and resistances:
48.8
48.4
47.6
45.72 Last
45.1
44.6
44.14