Crude Oil (WTI) (U3) Intraday: the downside prevails.
Pivot:
79.95
Our preference:
Short positions below 79.95 with targets at 78.65 & 78.30 in extension.
Alternative scenario:
Above 79.95 look for further upside with 80.45 & 81.30 as targets.
Comment:
The RSI has broken down its 30 level.