Tanalys

Crude Oil (Nov 13) intraday: key ST resistance at 103

Pivot: 103.00

Our preference: SHORT positions below 103 with 101 99.65 as next targets.

Alternative scenario: The upside breakout of 103 will open the way to 104.1 104.95.

Comment: the RSI is below its neutrality area at 50%

Trend: ST Ltd downside; MT Range

Key levels Comment

104.95** Intraday resistance

104.1** Intraday resistance

103*** Intraday pivot point

101.49 Last

101*** Intraday support

99.65** Intraday support

98.35** Intraday support

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