Crude Oil (WTI) (N5) Intraday: expect 61.70.
Pivot:
63.40
Our preference:
Short positions below 63.40 with targets at 62.15 & 61.70 in extension.
Alternative scenario:
Above 63.40 look for further upside with 63.95 & 64.45 as targets.
Comment:
The RSI is bearish and calls for further decline.