Tanalys

Crude Oil (Jul 13) intraday: bullish bias above 91.65

Pivot: 91.65

Our preference: LONG positions above 91.65 with 94.2 95.85 in sight.

Alternative scenario: The downside penetration of 91.65 will call for a slide towards 90.35 89.65.

Comment: the RSI is above its neutrality area at 50%.

Trend: ST Range; MT Range

Key levels Comment

97.3** Intraday resistance

95.85** Intraday resistance

94.2** Intraday resistance

93.72 Last

91.65** Intraday pivot point

90.35** Intraday support

89.65** Intraday support

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