Tanalys

Crude Oil (NYMEX) (U4) Intraday: bullish bias above 102.1.

Pivot: 102.1

Our preference: Long positions above 102.1 with targets @ 103.45 104.05 in extension.

Alternative scenario: Below 102.1 look for further downside with 101.5 101 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

104.9

104.05

103.45

102.89 Last

102.1

101.5

101

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version