Crude Oil (WTI) (Q3) Intraday: the downside prevails.
Pivot:
70.30
Our preference:
Short positions below 70.30 with targets at 68.70 & 68.00 in extension.
Alternative scenario:
Above 70.30 look for further upside with 71.10 & 71.70 as targets.
Comment:
A break below 68.70 would trigger a drop towards 68.00.