| Crude Oil (NYMEX) | 5/31/2011 7:39 AM |  |
1 week Trend:  (=) | 1 month Trend:  (=) |
| Crude Oil (Jul 11) intraday: bullish bias above 100.9 | |
 Pivot: 100.90 Our Preference: LONG positions above 100.9 with targets @ 102.8 & 103.5. Alternative scenario: The downside breakout of 100.9 will open the way to 99.6 & 97.85. Comment: the price is breaking above the upper boundary of its upward channel. Moving averages are turning up. Trend: ST Ltd upside; MT Range Key levels Comment 105.2** Intraday resistance 103.5** Intraday resistance 102.8* Intraday resistance 102.2 Last 100.9** Intraday pivot point 99.6** Intraday support 97.85** Intraday support |
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