Tanalys

Crude Oil (Jun 13) intraday: key ST resistance at 94.65

Pivot: 94.65

Our preference: SHORT positions below 94.65 with targets @ 92 91.1.

Alternative scenario: The upside penetration of 94.65 will call for 96.15 97.7.

Comment: the RSI advocates for further downside.

Trend: ST Bearish; MT Range

Key levels Comment

97.7* Intraday resistance

96.15* Intraday resistance

94.65** Intraday pivot point

93.22 Last

92** Intraday support

91.1** Intraday support

90.3** Fib retracement (50%)

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version