Crude Oil (WTI) (U3) Intraday: the downside prevails.
Pivot:
76.05
Our preference:
Short positions below 76.05 with targets at 74.60 & 73.80 in extension.
Alternative scenario:
Above 76.05 look for further upside with 76.70 & 77.15 as targets.
Comment:
The RSI is bearish and calls for further decline.