WTI Crude Oil Intra-day Analysis 21 April 2016

Turning Down

Our Pivot: 45.30

Our Preference: Short sell below 44.40 with strict stop loss of 45.30 and target at 43.62 and 42.90.

Alternate Scenario: Upward penetration of 45.30 will call for 46.40.

NOTE:  Intra-day Stochastic and RSI are turning down.

Chart with Supports and Resistances: