Tanalys

Crude Oil (Feb 14) intraday: up turn.

Pivot: 94.50

Our preference: LONG positions above 94.5 with 96.5 97.45 in sight.

Alternative scenario: The downside penetration of 94.5 will call for 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

95.37 Last

94.5*** Intraday pivot point

93** Intraday support

92.1** Intraday support

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