Tanalys

Crude Oil (NYMEX) (Jun 14) Intraday: the downside prevails.

Pivot: 102.4

Our preference: Short positions below 102.4 with targets @ 100.8 100.1 in extension.

Alternative scenario: Above 102.4 look for further upside with 102.95 103.84 as targets.

Comment: Technically the RSI is below its neutrality area at 50.

Supports and resistances:

103.84

102.95

102.4

101.32 Last

100.8

100.1

99.2

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