Crude Oil (WTI) (X5) Intraday: under pressure.

Pivot: 58.65

Our preference: short positions below 58.65 with targets at 58.00 & 57.70 in extension.

Alternative scenario: above 58.65 look for further upside with 59.05 & 59.40 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:

59.40

59.05

58.65

58.31 Last

58.00

57.70

57.50