Tanalys

Crude Oil (NYMEX) (Feb 14) Intraday: capped by a negative trend line.

Pivot: 92.95

Our preference: Short positions below 92.95 with targets @ 91.2 90.3 in extension.

Alternative scenario: Above 92.95 look for further upside with 93.55 94.2 as targets.

Comment: the upward potential is likely to be limited by the resistance at 92.95.

Supports and resistances:

94.2

93.55

92.95

92.84 Last

91.2

90.3

89.8

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