Crude Oil (WTI) (N5) Intraday: under pressure.

Pivot: 61.80

Our preference: short positions below 61.80 with targets at 60.65 & 60.30 in extension.

Alternative scenario: above 61.80 look for further upside with 62.15 & 62.55 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

62.55

62.15

61.80

61.38 Last

60.65

60.30

60.00