Tanalys

Crude Oil (NYMEX) (Z4) Intraday: bullish bias above 74.7.

Pivot: 74.7

Our preference: Long positions above 74.7 with targets @ 76.45 77.2 in extension.

Alternative scenario: Below 74.7 look for further downside with 73.25 72.2 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

78.15

77.2

76.45

75.45 Last

74.7

73.25

72.2

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