Tanalys

Crude Oil (NYMEX) (Z4) Intraday: turning up.

Pivot: 80

Our preference: Long positions above 80 with targets @ 82.3 83.2 in extension.

Alternative scenario: Below 80 look for further downside with 79 78 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

84.1

83.2

82.3

81.68 Last

80

79

78

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