Crude Oil (WTI) (Q3) Intraday: the downside prevails.
Pivot:
68.70
Our preference:
Short positions below 68.70 with targets at 66.90 & 66.20 in extension.
Alternative scenario:
Above 68.70 look for further upside with 69.30 & 70.15 as targets.
Comment:
The RSI is below its neutrality area at 50%