Tanalys

Crude Oil (Feb 14) intraday: rebound.

Pivot: 94.50

Our preference: LONG positions @ 95.45 with targets @ 96.5 97.45.

Alternative scenario: The downside penetration of 94.5 will call for a slide towards 93 92.1.

Comment: the RSI is posting a bullish divergence (not confirmed yet).

Trend: ST Ltd downside; MT Range

Key levels Comment

98** Intraday resistance

97.45** Intraday resistance

96.5*** Intraday resistance

95.58 Last

94.5** Intraday pivot point

93** Intraday support

92.1** Intraday support

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