Tanalys

Crude Oil (Jul 13) intraday: key ST resistance at 95

Pivot: 95.00

Our preference: SHORT positions below 95 with 92.4 91.4 in sight.

Alternative scenario: The upside penetration of 95 will call for 96.2 96.7.

Comment: technically, the RSI is below its neutrality area at 50.

Trend: ST Range; MT Range

Key levels Comment

96.7*** Intraday resistance

96.2** Intraday resistance

95** Intraday pivot point

93.74 Last

92.4*** Intraday support

91.4** Intraday support

90.35** Intraday support

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