Tanalys

Crude Oil (Feb 14) intraday: the downside prevails.

Pivot: 100.10

Our preference: SHORT positions below 100.1 with 99.1 98.5 as next targets.

Alternative scenario: The upside breakout of 100.1 will open the way to 100.9 101.4.

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

Trend: ST Ltd downside; MT Range

Key levels Comment

101.4** Intraday resistance

100.9** Intraday resistance

100.1** Intraday resistance

99.24 Last

99.1** Intraday pivot point

98.5** Intraday support

97.85** Intraday support

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