Crude Oil (WTI) (U18) Intraday: the downside prevails.

Date: 2018/08/10
Time: 07:20 (GMT +2)
Ticker: CL1
Last: 66.45
Pivot: 67.0
1st sup. 66.1
2nd sup. 65.75
3rd sup. 65.3
1st res. 67.0
2nd res. 67.4
3rd res. 68.0
Title:
Summary: Short positions below 67.00 with targets at 66.10 & 65.75 in extension.
Story: Pivot: 67.00

Our preference: short positions below 67.00 with targets at 66.10 & 65.75 in extension.

Alternative scenario: above 67.00 look for further upside with 67.40 & 68.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:
68.00
67.40
67.00
66.45 Last
66.10
65.75
65.30