Crude Oil (WTI) (V3) Intraday: under pressure.
Pivot:
80.30
Our preference:
Short positions below 80.30 with targets at 79.05 & 78.60 in extension.
Alternative scenario:
Above 80.30 look for further upside with 81.00 & 81.70 as targets.
Comment:
The RSI is bearish and calls for further decline.