|Crude Oil (WTI) (F19) Intraday: under pressure.|
Most likely scenario: short positions below 51.60 with targets at 49.90 & 49.00 in extension.
Alternative scenario: above 51.60 look for further upside with 52.80 & 53.55 as targets.
Comment: the RSI is mixed to bearish. The prices are trading around the 20-period moving average.