Tanalys

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

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: As long as the resistance at 102.4 is not surpassed, the risk of the break below 100.8 remains high.

Supports and resistances:

103.84

102.95

102.4

101.3 Last

100.8

100.1

99.2

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