Tanalys

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

Pivot: 93.65

Our preference: SHORT positions below 93.65 with targets @ 92.15 91.4.

Alternative scenario: The upside breakout of 93.65 will open the way to 94.65 95.5.

Comment: the RSI broke below a bullish trend line.

Trend: ST Ltd downside; MT Range

Key levels Comment

95.5** Intraday resistance

94.65** Intraday resistance

93.65** Intraday resistance

92.72 Last

92.15** Intraday pivot point

91.4** Intraday support

90.4* Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version