Crude Oil (WTI) (K5) Intraday: under pressure.

Pivot: 67.70

Our preference: short positions below 67.70 with targets at 66.00 & 65.00 in extension.

Alternative scenario: above 67.70 look for further upside with 68.55 & 69.25 as targets.

Comment: as long as the resistance at 67.70 is not surpassed, the risk of the break below 66.00 remains high.

Supports and resistances:

69.25

68.55

67.70

66.71 Last

66.00

65.00

64.00