|Crude Oil (WTI) (F19) Intraday: under pressure.|
Most likely scenario: short positions below 55.00 with targets at 53.60 & 52.80 in extension.
Alternative scenario: above 55.00 look for further upside with 55.45 & 56.10 as targets.
Comment: the RSI is capped by a bearish trend line. The prices are capped by the key resistance level at $55.00