Tanalys

Crude Oil (Feb 14) intraday: key ST resistance at 96.5

Pivot: 96.50

Our preference: SHORT positions below 96.5 with 93 92.1 as next targets.

Alternative scenario: The upside breakout of 96.5 will open the way to 97.45 98.15.

Comment: the RSI is bearish and calls for further downside.

Trend: ST Ltd downside; MT Range

Key levels Comment

98.15** Intraday resistance

97.45** Intraday resistance

96.5** Intraday pivot point

94.2 Last

93** Intraday support

92.1** Intraday support

90.3** Intraday support

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