Tanalys

Crude Oil (Jun 13) intraday: further upside.

Pivot: 91.10

Our preference: LONG positions above 91.1 with 94.3 95.1 in sight.

Alternative scenario: The downside breakout of 91.1 will open the way to 90.3 89.3.

Comment: the RSI is mixed to bullish.

Trend: ST Bearish; MT Range

Key levels Comment

96.15* Intraday resistance

95.1** Intraday resistance

94.3** Fib retracement (61.8%)

93.46 Last

91.1*** Intraday pivot point

90.3** Intraday support

89.3** Intraday support

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