Tanalys

Crude Oil (NYMEX) (Z4) Intraday: rebound in sight.

Pivot: 74.5

Our preference: Long positions above 74.5 with targets @ 77.2 78.15 in extension.

Alternative scenario: Below 74.5 look for further downside with 73.25 72.2 as targets.

Comment: The RSI is around its neutrality area at 50%

Supports and resistances:

79.12

78.15

77.2

75.47 Last

74.5

73.25

72.2

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version