Tanalys

Crude Oil (Dec 13) intraday: key ST resistance at 96.05

Pivot: 96.05

Our preference: SHORT positions below 96.05 with 93.9 92.75 as next targets.

Alternative scenario: The upside penetration of 96.05 will call for 97.05 97.85.

Comment: as long as 96.05 is resistance, likely decline to 93.9.

Trend: ST Ltd downside; MT Range

Key levels Comment

97.85** Intraday resistance

97.05** Intraday resistance

96.05*** Intraday pivot point

94.6 Last

93.9** Intraday support

92.75** Intraday support

91.8** Intraday support

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