Tanalys

Crude Oil (NYMEX) (May 14) Intraday: bullish bias above 100.75.

Pivot: 100.75

Our preference: Long positions above 100.75 with targets @ 103.4 104.35 in extension.

Alternative scenario: Below 100.75 look for further downside with 99.8 98.85 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

105.7

104.35

103.4

102.15 Last

100.75

99.8

98.85

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