Tanalys

Crude Oil (Jul 13) intraday: bullish bias above 92.35

Pivot: 92.35

Our preference: LONG positions above 92.35 with 95.2 95.85 in sight.

Alternative scenario: The downside penetration of 92.35 will call for 91.35 90.35.

Comment: the RSI is bullish and calls for further upside.

Trend: ST Range; MT Range

Key levels Comment

97.3** Intraday resistance

95.85** Intraday resistance

95.2** Intraday resistance

94.23 Last

92.35** Intraday pivot point

91.35** Intraday support

90.35** Intraday support

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