Tanalys

Crude Oil (Dec 13) intraday: the bias remains bullish.

Pivot: 96.95

Our preference: LONG positions above 96.95 with targets @ 98.45 99.25.

Alternative scenario: The downside penetration of 96.95 will call for a slide towards 96 94.55.

Comment: intraday support around 96.95

Trend: ST Ltd downside; MT Range

Key levels Comment

100.25** Intraday resistance

99.25** Intraday resistance

98.45** Intraday resistance

97.62 Last

96.95*** Intraday pivot point

96** Intraday support

94.55** Intraday support

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