Crude Oil (WTI) (Q3) Intraday: the downside prevails.
Pivot:
75.90
Our preference:
Short positions below 75.90 with targets at 74.00 & 73.30 in extension.
Alternative scenario:
Above 75.90 look for further upside with 76.60 & 77.30 as targets.
Comment:
The RSI has broken down its 30 level.