Crude Oil (WTI) (X5) Intraday: key resistance at 59.20.

Pivot: 59.20

Our preference: short positions below 59.20 with targets at 58.20 & 57.70 in extension.

Alternative scenario: above 59.20 look for further upside with 59.80 & 60.15 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

60.15

59.80

59.20

58.62 Last

58.20

57.70

57.20