Tanalys

Crude Oil (Nov 13) intraday: key ST resistance at 102.5

Pivot: 102.50

Our preference: SHORT positions below 102.5 with 100.6 99.65 as next targets.

Alternative scenario: The upside breakout of 102.5 will open the way to 104.1 104.95.

Comment: the upward potential is likely to be limited by the resistance at 102.5.

Trend: ST Ltd downside; MT Range

Key levels Comment

104.95** Intraday resistance

104.1** Intraday resistance

102.5** Intraday pivot point

102.28 Last

100.6** Intraday support

99.65** Intraday support

98.35** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version