Crude Oil (NYMEX) (J5) Intraday: under pressure.
Pivot: 50.2
Our preference: Short positions below 50.2 with targets @ 47.65 & 46.25 in extension.
Alternative scenario: Above 50.2 look for further upside with 51.5 & 52.75 as targets.
Comment: The RSI is mixed with a bearish bias.
