Tanalys

Crude Oil (May 13) intraday: towards 91.9

Pivot: 93.70

Our preference: SHORT positions below 93.7 with 91.9 91.3 as next targets.

Alternative scenario: The upside penetration of 93.7 will call for 94.8 95.6.

Comment: the bearish flag pattern calls for 91.9.

Trend: ST Ltd upside; MT Range

Key levels Comment

95.6** Intraday resistance

94.8** Intraday resistance

93.7** Intraday pivot point

92.29 Last

91.9** Intraday support

91.3** Intraday support

90** Intraday support

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