Crude Oil (WTI) (N3) Intraday: key resistance at 69.30.
Pivot:
69.30
Our preference:
Short positions below 69.30 with targets at 68.10 & 67.50 in extension.
Alternative scenario:
Above 69.30 look for further upside with 69.80 & 70.50 as targets.
Comment:
The RSI is bearish and calls for further decline.