Crude Oil (WTI) (M5) Intraday: intraday support around 61.00.
Pivot:
61.00
Our preference:
Long positions above 61.00 with targets at 62.35 & 62.85 in extension.
Alternative scenario:
Below 61.00 look for further downside with 60.50 & 59.90 as targets.
Comment:
The RSI is above its neutrality area at 50%.