Crude Oil (WTI) (J3) Intraday: under pressure.
Pivot:
76.40
Our preference:
Short positions below 76.40 with targets at 75.00 & 74.10 in extension.
Alternative scenario:
Above 76.40 look for further upside with 77.10 & 78.00 as targets.
Comment:
The RSI is bearish and calls for further downside.