Tanalys

Crude Oil (NYMEX) (Q4) Intraday: bullish bias above 102.95.

Pivot: 102.95

Our preference: Long positions above 102.95 with targets @ 103.95 104.65 in extension.

Alternative scenario: Below 102.95 look for further downside with 102.35 102.05 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

105.35

104.65

103.95

103.42 Last

102.95

102.35

102.05

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