Crude Oil (WTI) (X5) Intraday: watch 63.00.

Pivot: 63.85

Our preference: short positions below 63.85 with targets at 63.00 & 62.65 in extension.

Alternative scenario: above 63.85 look for further upside with 64.10 & 64.40 as targets.

Comment: as long as 63.85 is resistance, expect a return to 63.00.

Supports and resistances:

64.40

64.10

63.85

63.49 Last

63.00

62.65

62.20