Crude Oil (WTI) (G3) Intraday: under pressure.
Pivot:
74.30
Our preference:
Short positions below 74.30 with targets at 71.90 & 71.20 in extension.
Alternative scenario:
Above 74.30 look for further upside with 75.60 & 76.60 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.