Crude Oil (WTI) (M5) Intraday: under pressure.
Pivot:
62.40
Our preference:
Short positions below 62.40 with targets at 61.50 & 60.80 in extension.
Alternative scenario:
Above 62.40 look for further upside with 63.50 & 64.00 as targets.
Comment:
The RSI is below its neutrality area at 50%