Tanalys

Crude Oil (Nov 13) intraday: under pressure.

Pivot: 105.25

Our preference: SHORT positions below 105.25 with 104.4 103.75 as next targets.

Alternative scenario: The upside breakout of 105.25 will open the way to 105.95 106.7.

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

Trend: ST Consolidation; MT Bullish

Key levels Comment

106.7** Intraday resistance

105.95** Intraday resistance

105.25** Intraday pivot point

104.8 Last

104.4** Intraday support

103.75** Intraday support

103.1** Intraday support

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