Crude Oil (WTI) (N5) Intraday: the downside prevails.
Pivot:
61.50
Our preference:
Short positions below 61.50 with targets at 60.45 & 60.00 in extension.
Alternative scenario:
Above 61.50 look for further upside with 62.00 & 62.50 as targets.
Comment:
The break below 61.50 is a negative signal that has opened a path to 60.45.