Tanalys

Crude Oil (Jun 13) intraday: key ST resistance at 95.75

Pivot: 95.75

Our preference: SHORT positions below 95.75 with targets @ 94.5 93.35.

Alternative scenario: The upside breakout of 95.75 will open the way to 96.25 96.75.

Comment: capped by a negative trend line.

Trend: ST Range; MT Range

Key levels Comment

96.75** Intraday resistance

96.25*** Intraday resistance

95.75** Intraday pivot point

94.99 Last

94.5** Fib retracement (38.2%)

93.35** Previous low

92.9** Fib retracement (61.8%)

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