Tanalys

Crude Oil (Jun 13) intraday: bullish bias above 94.05

Pivot: 94.05

Our preference: LONG positions above 94.05 with 95.6 96.2 as next targets.

Alternative scenario: The downside breakout of 94.05 will open the way to 93.25 92.1.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Range; MT Range

Key levels Comment

97.1** Intraday resistance

96.2** Intraday resistance

95.6** Intraday resistance

94.97 Last

94.05** Intraday pivot point

93.25** Intraday support

92.1** Intraday support

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