Crude Oil (WTI) (N3) Intraday: key resistance at 72.70.
Pivot:
72.70
Our preference:
Short positions below 72.70 with targets at 71.00 & 70.70 in extension.
Alternative scenario:
Above 72.70 look for further upside with 73.50 & 74.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.