Tanalys

Crude Oil (Jan 14) intraday: bullish bias above 98.15

Pivot: 98.15

Our preference: LONG positions above 98.15 with targets @ 99.45 100.1.

Alternative scenario: The downside breakout of 98.15 will open the way to 97.25 96.6.

Comment: the RSI is mixed to bullish.

Trend: ST Ltd downside; MT Range

Key levels Comment

100.9** Intraday resistance

100.1** Intraday resistance

99.45** Intraday resistance

99.21 Last

98.15** Intraday pivot point

97.25** Intraday support

96.6** Intraday support

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