Tanalys

Crude Oil (NYMEX) (Feb 14) Intraday: under pressure.

Pivot: 100.1

Our preference: Short positions below 100.1 with targets @ 99.1 98.5 in extension.

Alternative scenario: Above 100.1 look for further upside with 100.9 101.4 as targets.

Comment: as long as the resistance at 100.1 is not surpassed, the risk of the break below 99.1 remains high.

Supports and resistances:

101.4

100.9

100.1

99.29 Last

99.1

98.5

97.85

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