Crude Oil (WTI) (K5) Intraday: under pressure.
Pivot:
62.80
Our preference:
Short positions below 62.80 with targets at 57.30 & 55.00 in extension.
Alternative scenario:
Above 62.80 look for further upside with 64.65 & 67.00 as targets.
Comment:
The RSI shows downside momentum.