Tanalys

Crude Oil (Jan 14) intraday: bullish bias above 96.25

Pivot: 96.25

Our preference: LONG positions above 96.25 with 98.6 99.4 as next targets.

Alternative scenario: The downside penetration of 96.25 will call for 95.5 94.7.

Comment: the RSI is mixed to bullish.

Trend: ST Ltd downside; MT Range

Key levels Comment

100.1** Intraday resistance

99.4** Intraday resistance

98.6** Intraday resistance

97.81 Last

96.25*** Intraday pivot point

95.5** Intraday support

94.7** Intraday support

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