Tanalys

Crude Oil (NYMEX) (M4) Intraday: further upside.

Pivot: 100.35

Our preference: Long positions above 100.35 with targets @ 102.2 102.95 in extension.

Alternative scenario: Below 100.35 look for further downside with 99.9 99.35 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

103.8

102.95

102.2

101.2 Last

100.35

99.9

99.35

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