Crude Oil (WTI) (X5) Intraday: key resistance at 59.00.

Pivot: 59.00

Our preference: short positions below 59.00 with targets at 57.60 & 57.00 in extension.

Alternative scenario: above 59.00 look for further upside with 59.60 & 60.30 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:

60.30

59.60

59.00

58.51 Last

57.60

57.00

56.50