Tanalys

Crude Oil (NYMEX) (Z4) Intraday: capped by a negative trend line.

Pivot: 80.8

Our preference: Short positions below 80.8 with targets @ 79.5 79 in extension.

Alternative scenario: Above 80.8 look for further upside with 81.5 82 as targets.

Comment: The RSI is mixed.

Supports and resistances:

82

81.5

80.8

80.42 Last

79.5

79

78

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