Crude Oil (WTI) may fall to 58.70 - 59.20.

Crude Oil (WTI) may fall to 58.70 - 59.20.

Pivot 60.00
Our preference : Short positions below 60.00 with targets at 59.20 & 58.70 in extension.

Alternative scenario Above 60.00 look for further upside with 60.50 & 60.90 as targets.

Comment : The index currently faces a challenging resistance area at 60.00.