Tanalys

Crude Oil (Jun 13) intraday: bullish bias above 93.55

Pivot: 93.55

Our preference: LONG positions above 93.55 with targets @ 97.2 98.

Alternative scenario: The downside breakout of 93.55 will open the way to 92 90.05.

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

Trend: ST Bearish; MT Range

Key levels Comment

99.5** Intraday resistance

98** Intraday resistance

97.2** Intraday resistance

96.53 Last

93.55*** Intraday pivot point

92** Intraday support

90.05** Intraday support

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