Tanalys

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

Pivot: 95.05

Our preference: Short positions below 95.05 with targets @ 93.55 93.05 in extension.

Alternative scenario: Above 95.05 look for further upside with 95.9 96.5 as targets.

Comment: as long as the resistance at 95.05 is not surpassed, the risk of the break below 93.55 remains high.

Supports and resistances:

96.5 **

95.9 **

95.05 **

94.62 Last

93.55 **

93.05 **

92.2 **

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