Tanalys

Crude Oil (NYMEX) (F5) Intraday: turning up.

Pivot: 63.7

Our preference: Long positions above 63.7 with targets @ 69.7 71.8 in extension.

Alternative scenario: Below 63.7 look for further downside with 60.8 58 as targets.

Comment: The RSI is bullish and calls for further advance.

Supports and resistances:

73.3

71.8

69.7

67.77 Last

63.7

60.8

58

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