Crude Oil (WTI) (G3) Intraday: under pressure.
Pivot:
78.00
Our preference:
Short positions below 78.00 with targets at 75.80 & 75.20 in extension.
Alternative scenario:
Above 78.00 look for further upside with 79.00 & 79.80 as targets.
Comment:
The RSI is bearish and calls for further downside.