Tanalys

Crude Oil (Dec 13) intraday: key ST resistance at 94.55

Pivot: 94.55

Our preference: SHORT positions below 94.55 with targets @ 92.5 92.

Alternative scenario: The upside breakout of 94.55 will open the way to 95.35 96.05.

Comment: as long as 94.55 is resistance, likely decline to 92.5.

Trend: ST Ltd downside; MT Range

Key levels Comment

96.05** Intraday resistance

95.35*** Intraday resistance

94.55*** Intraday pivot point

93.45 Last

92.5** Intraday support

92** Intraday support

91.4* Intraday support

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