Market Analysis of Crude Oil on Tuesday 24 June 2025

Crude Oil (WTI)‎ (Q5)‎ Intraday: under pressure.

Pivot:

67.80

Our preference:

Short positions below 67.80 with targets at 63.00 & 61.30 in extension.

Alternative scenario:

Above 67.80 look for further upside with 70.20 & 71.90 as targets.

Comment:

The RSI has broken down its 30 level.