Crude Oil (NYMEX) (J5) Intraday: the downside prevails.
Pivot: 45.5
Our preference: Short positions below 45.5 with targets @ 42 & 40.6 in extension.
Alternative scenario: Above 45.5 look for further upside with 46.7 & 47.3 as targets.
Comment: As long as 45.5 is resistance, likely decline to 42.
