Crude Oil (WTI) (U2) Intraday: under pressure.
Pivot:
89.70
Our preference:
Short positions below 89.70 with targets at 87.00 & 85.90 in extension.
Alternative scenario:
Above 89.70 look for further upside with 90.75 & 91.90 as targets.
Comment:
The RSI calls for a new downleg.
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