Tanalys

Crude Oil (NYMEX) (Z4) Intraday: the downside prevails.

Pivot: 82.3

Our preference: Short positions below 82.3 with targets @ 79.78 79 in extension.

Alternative scenario: Above 82.3 look for further upside with 83.2 84.85 as targets.

Comment: The RSI has broken down its 30 level.

Supports and resistances:

84.85

83.2

82.3

80.39 Last

79.78

79

78

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