Tanalys

Crude Oil (NYMEX) (U4) MT: under pressure.

Pivot: 105

Our preference: Short positions below 105 with targets @ 97.4 95.1 in extension.

Alternative scenario: Above 105 look for further upside with 107.8 110.75 as targets.

Comment: The RSI is mixed with a bearish bias.

Supports and resistances:

110.75

107.8

105

102.04 Last

97.4

95.1

92

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