Tanalys

Crude Oil (Oct 13) intraday: key ST resistance at 107.5

Pivot: 107.50

Our preference: SHORT positions below 107.5 with 105.6 104.3 as next targets.

Alternative scenario: The upside penetration of 107.5 will call for 108.6 110.

Comment: capped by a negative trend line.

Trend: ST Bullish; MT Bullish

Key levels Comment

110** Intraday resistance

108.6** Intraday resistance

107.5*** Intraday pivot point

107.1 Last

105.6** Intraday support

104.3** Intraday support

103.55** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version