Tanalys

Crude Oil (NYMEX) (Apr 14) Intraday: continuation of the rebound.

Pivot: 102.1

Our preference: Long positions above 102.1 with targets @ 102.9 103.45 in extension.

Alternative scenario: Below 102.1 look for further downside with 101 100.4 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Supports and resistances:

104

103.45

102.9

102.6 Last

102.1

101

100.4

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