Tanalys

Crude Oil (NYMEX) (Apr 14) Intraday: the upside prevails.

Pivot: 102.85

Our preference: Long positions above 102.85 with targets @ 105.25 105.8 in extension.

Alternative scenario: Below 102.85 look for further downside with 101.8 101 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

106.4

105.8

105.25

104.47 Last

102.85

101.8

101

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