Tanalys

Crude Oil (NYMEX) (X4) Intraday: caution.

Pivot: 92.75

Our preference: Long positions above 92.75 with targets @ 95.6 96.1 in extension.

Alternative scenario: Below 92.75 look for further downside with 92 91.1 as targets.

Comment: The RSI is negative but supported by a strong support.

Supports and resistances:

97 **

96.1 **

95.6 **

93.4 Last

92.75 **

92 **

91.1 **

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