Crude Oil (WTI) (Z5) Intraday: the upside prevails.

Pivot: 57.60

Our preference: long positions above 57.60 with targets at 58.90 & 59.35 in extension.

Alternative scenario: below 57.60 look for further downside with 57.00 & 56.50 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

60.00

59.35

58.90

58.29 Last

57.60

57.00

56.50