Tanalys

Crude Oil (Feb 14) intraday: further upside.

Pivot: 97.85

Our preference: LONG positions above 97.85 with 99.45 100.1 as next targets.

Alternative scenario: The downside penetration of 97.85 will call for 97.25 96.6.

Comment: the RSI is mixed to bullish.

Trend: ST Ltd downside; MT Range

Key levels Comment

100.9** Intraday resistance

100.1** Intraday resistance

99.45** Intraday resistance

98.78 Last

97.85*** Intraday pivot point

97.25** Intraday support

96.6** Intraday support

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