Tanalys

Crude Oil (Dec 13) intraday: bullish bias above 93.05

Pivot: 93.05

Our preference: LONG positions above 93.05 with targets @ 95.25 96.05.

Alternative scenario: The downside penetration of 93.05 will call for a slide towards 91.8 90.65.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Ltd downside; MT Range

Key levels Comment

97.05** Intraday resistance

96.05** Intraday resistance

95.25** Intraday resistance

94.57 Last

93.05*** Intraday pivot point

91.8** Intraday support

90.65** Intraday support

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