Tanalys

Crude Oil (NYMEX) (X4) Intraday: under pressure.

Pivot: 93.9

Our preference: Short positions below 93.9 with targets @ 90.45 89.5 in extension.

Alternative scenario: Above 93.9 look for further upside with 95 95.6 as targets.

Comment: The immediate trend remains down and the momentum is strong. the price has broken below a rising trendline

Supports and resistances:

95.6 **

95 **

93.9 **

91.11 Last

90.45 **

89.5 **

88.2 **

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