Tanalys

Crude Oil (Jul 13) intraday: bullish bias above 95.25

Pivot: 95.25

Our preference: LONG positions above 95.25 with 96.7 97.3 as next targets.

Alternative scenario: The downside penetration of 95.25 will call for 93.75 92.4.

Comment: the RSI is mixed and calls for caution.

Trend: ST Range; MT Range

Key levels Comment

98.2** Intraday resistance

97.3** Intraday resistance

96.7** Intraday resistance

95.7 Last

95.25** Intraday pivot point

93.75** Intraday support

92.4** Intraday support

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