Crude Oil (WTI) (M9) Intraday: key resistance at 62.15.

Date: 2019/05/09
Time: 06:52 (GMT +2)
Ticker: CL1
Last: 61.69
Pivot: 62.15
1st sup. 61.1
2nd sup. 60.65
3rd sup. 60.05
1st res. 62.15
2nd res. 62.5
3rd res. 62.95
Title:
Summary: Short positions below 62.15 with targets at 61.10 & 60.65 in extension.
Story: Pivot: 62.15

Our preference: short positions below 62.15 with targets at 61.10 & 60.65 in extension.

Alternative scenario: above 62.15 look for further upside with 62.50 & 62.95 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:
62.95
62.50
62.15
61.69 Last
61.10
60.65
60.05