Tanalys

Crude Oil (NYMEX) (Mar 14) Intraday: consolidation in place.

Pivot: 100.7

Our preference: Short positions below 100.7 with targets @ 98.85 98.4 in extension.

Alternative scenario: Above 100.7 look for further upside with 101.4 102.5 as targets.

Comment: as long as 100.7 is resistance, likely decline to 98.85.

Supports and resistances:

102.5

101.4

100.7

99.78 Last

98.85

98.4

97.7

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