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

Pivot: 61.20

Our preference: short positions below 61.20 with targets at 60.45 & 60.00 in extension.

Alternative scenario: above 61.20 look for further upside with 61.40 & 62.60 as targets.

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

Supports and resistances:

62.60

61.40

61.20

60.80 Last

60.45

60.00

59.70