Tanalys

Crude Oil (Jul 13) intraday: bullish bias above 93.75

Pivot: 93.75

Our preference: LONG positions above 93.75 with 96.7 97.3 as next targets.

Alternative scenario: The downside breakout of 93.75 will open the way to 92.4 91.3.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Range; MT Range

Key levels Comment

98.2** Intraday resistance

97.3** Intraday resistance

96.7** Intraday resistance

96.17 Last

93.75** Intraday pivot point

92.4** Intraday support

91.3** Intraday support

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