Tanalys

Crude Oil (NYMEX) (Mar 14) Intraday: turning down.

Pivot: 97.66

Our preference: Short positions below 97.66 with targets @ 96 95.25 in extension.

Alternative scenario: Above 97.66 look for further upside with 98.55 99.4 as targets.

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

Supports and resistances:

99.4 **

98.55 **

97.66 **

97.08 Last

96 **

95.25 **

94.1 **

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