Crude Oil (WTI) (J3) Intraday: under pressure.
Pivot:
78.30
Our preference:
Short positions below 78.30 with targets at 76.45 & 75.80 in extension.
Alternative scenario:
Above 78.30 look for further upside with 79.50 & 80.15 as targets.
Comment:
The RSI has broken down its 30 level.