Crude Oil

Time Title 3:44 PM Crude Oil (NYMEX) (Mar 14) Intraday: the downside prevails. Technical Analysis Pivot: 96.4 Our preference: Short positions below 96.4 with targets @ 94.35 & 93.75 in extension. Alternative scenario: Above 96.4 look for further upside with 97.8 & 99.05 as targets. Comment: the upward potential is likely to be limited by the resistance at 96.4. Supports and resistances: 99.05 ** 97.8 ** 96.4 ** 96.15 Last 94.35 ** 93.75 ** 93.1 **