Crude Oil (WTI) (G6) Intraday: under pressure.

Pivot: 57.50

Our preference: short positions below 57.50 with targets at 56.70 & 56.30 in extension.

Alternative scenario: above 57.50 look for further upside with 57.90 & 58.23 as targets.

Comment: a break below 56.70 would trigger a drop towards 56.30.

Supports and resistances:

58.23

57.90

57.50

56.98 Last

56.70

56.30

56.00