Tanalys

Crude Oil (Feb 14) intraday: key ST resistance at 95.2

Pivot: 95.20

Our preference: SHORT positions below 95.2 with 93 92.1 in sight.

Alternative scenario: The upside penetration of 95.2 will call for a rebound towards 96.5 97.45.

Comment: as long as 95.2 is resistance, look for choppy price action with a bearish bias.

Trend: ST Ltd downside; MT Range

Key levels Comment

97.45** Intraday resistance

96.5** Intraday resistance

95.2** Intraday pivot point

94.01 Last

93** Intraday support

92.1** Intraday support

90.3** Intraday support

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