Crude Oil (WTI) (N5) Intraday: under pressure.
Pivot:
65.40
Our preference:
Short positions below 65.40 with targets at 64.20 & 63.70 in extension.
Alternative scenario:
Above 65.40 look for further upside with 65.85 & 66.25 as targets.
Comment:
The RSI is bearish and calls for further downside.