Tanalys

Crude Oil (NYMEX) (V4) Intraday: bullish bias above 94.15.

Pivot: 94.15

Our preference: Long positions above 94.15 with targets @ 96 96.7 in extension.

Alternative scenario: Below 94.15 look for further downside with 93.35 92.6 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

97.8

96.7

96

95 Last

94.15

93.35

92.6

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