Tanalys

Crude Oil (Jan 14) intraday: under pressure.

Pivot: 93.40

Our preference: SHORT positions below 93.4 with targets @ 91.4 90.85.

Alternative scenario: The upside breakout of 93.4 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

93.4** Intraday resistance

92.22 Last

91.4** Intraday pivot point

90.85** Intraday support

90.4* Intraday support

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