Crude Oil (WTI) (X5) Intraday: the downside prevails.

Pivot: 61.80

Our preference: short positions below 61.80 with targets at 60.40 & 60.00 in extension.

Alternative scenario: above 61.80 look for further upside with 62.50 & 63.25 as targets.

Comment: intraday technical indicators are mixed.

Supports and resistances:

63.25

62.50

61.80

60.80 Last

60.40

60.00

59.80