Crude Oil (WTI) (J3) Intraday: towards 72.00.
Pivot:
75.20
Our preference:
Short positions below 75.20 with targets at 72.90 & 72.00 in extension.
Alternative scenario:
Above 75.20 look for further upside with 76.10 & 76.80 as targets.
Comment:
The RSI has broken down its 30 level.