Crude Oil (WTI) (F6) Intraday: under pressure.

Pivot: 57.75

Our preference: short positions below 57.75 with targets at 56.80 & 56.50 in extension.

Alternative scenario: above 57.75 look for further upside with 58.15 & 58.45 as targets.

Comment: as long as 57.75 is resistance, likely decline to 56.80.

Supports and resistances:

58.45

58.15

57.75

57.46 Last

56.80

56.50

56.20