Tanalys

Crude Oil (NYMEX) (F5) Intraday: capped by a negative trend line.

Pivot: 69.7

Our preference: Short positions below 69.7 with targets @ 63.7 60.8 in extension.

Alternative scenario: Above 69.7 look for further upside with 71.8 73.3 as targets.

Comment: The RSI is mixed.

Supports and resistances:

73.3

71.8

69.7

68.44 Last

63.7

60.8

58

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