Tanalys

Crude Oil (NYMEX) (X4) MT: the downside prevails.

Pivot: 95

Our preference: Short positions below 95 with targets @ 84 80.9 in extension.

Alternative scenario: Above 95 look for further upside with 99 105.15 as targets.

Comment: As long as the resistance at 95 is not surpassed, the risk of the break below 84 remains high.

Supports and resistances:

105.15

99

95

87.77 Last

84

80.9

77.75

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