Crude Oil (WTI) (M3) Intraday: under pressure.
Pivot:
75.60
Our preference:
Short positions below 75.60 with targets at 73.45 & 72.75 in extension.
Alternative scenario:
Above 75.60 look for further upside with 76.50 & 77.20 as targets.
Comment:
The RSI has broken down its 30 level.