Tanalys

Crude Oil (Nov 13) intraday: bounce.

Pivot: 102.10

Our preference: LONG positions above 102.1 with 104.95 106.2 as next targets.

Alternative scenario: The downside breakout of 102.1 will open the way to 101 99.65.

Comment: the RSI broke above a declining trend line.

Trend: ST Ltd downside; MT Range

Key levels Comment

107.4** Intraday resistance

106.2** Intraday resistance

104.95** Intraday resistance

103.3 Last

102.1*** Intraday pivot point

101** Intraday support

99.65** Intraday support

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