Tanalys

Crude Oil (NYMEX) (X4) Intraday: turning down.

Pivot: 90.35

Our preference: Short positions below 90.35 with targets @ 87 85.5 in extension.

Alternative scenario: Above 90.35 look for further upside with 91.85 93 as targets.

Comment: The RSI has broken down its 30 level.

Supports and resistances:

93 **

91.85 **

90.35 **

87.9 Last

87 **

85.5 **

84.9 **

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version