Tanalys

Crude Oil (Dec 13) intraday: key ST resistance at 101.15

Pivot: 101.15

Our preference: SHORT positions below 101.15 with targets @ 99.6 99.

Alternative scenario: The upside penetration of 101.15 will call for a rebound towards 102 102.5.

Comment: technically, the RSI is below its neutrality area at 50.

Trend: ST Ltd downside; MT Range

Key levels Comment

102.5** Intraday resistance

102** Intraday resistance

101.15** Intraday pivot point

100.17 Last

99.6** Intraday support

99** Intraday support

98.2** Intraday support

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