Tanalys

Crude Oil (Dec 13) intraday: key ST resistance at 95.35

Pivot: 95.35

Our preference: SHORT positions below 95.35 with targets @ 92.4 91.3.

Alternative scenario: The upside penetration of 95.35 will call for 96.05 97.05.

Comment: as long as the resistance at 95.35 is not surpassed, the risk of the break below 92.4 remains high.

Trend: ST Ltd downside; MT Range

Key levels Comment

97.05** Intraday resistance

96.05** Intraday resistance

95.35*** Intraday pivot point

93.73 Last

92.4** Intraday support

91.3** Intraday support

89.5** Intraday support

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