Tanalys

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

Pivot: 76.45

Our preference: Long positions above 76.45 with targets @ 79.8 81 in extension.

Alternative scenario: Below 76.45 look for further downside with 75.3 74.3 as targets.

Comment: The immediate trend remains up and the momentum is strong.

Supports and resistances:

82

81

79.8

78.9 Last

76.45

75.3

74.3

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