Tanalys

Crude Oil (Dec 13) intraday: key ST resistance at 95.1

Pivot: 95.10

Our preference: SHORT positions below 95.1 with 92.75 91.8 in sight.

Alternative scenario: The upside penetration of 95.1 will call for 96.05 97.05.

Comment: the immediate trend remains down and the momentum is strong.

Trend: ST Ltd downside; MT Range

Key levels Comment

97.05** Intraday resistance

96.05** Intraday resistance

95.1*** Intraday pivot point

93.73 Last

92.75** Intraday support

91.8** Intraday support

90.65** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version