Tanalys

Crude Oil (NYMEX) (Jan 14) Intraday: the bias remains bullish.

Pivot: 93.2

Our preference: Long positions above 93.2 with targets @ 95.7 96.3 in extension.

Alternative scenario: Below 93.2 look for further downside with 91.4 90.4 as targets.

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

Supports and resistances:

97.2

96.3

95.7

94.32 Last

93.2

91.4

90.4

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