Crude Oil (WTI) (Z3) Intraday: key resistance at 87.75.
Pivot:
87.75
Our preference:
Short positions below 87.75 with targets at 86.70 & 86.25 in extension.
Alternative scenario:
Above 87.75 look for further upside with 88.55 & 89.00 as targets.
Comment:
As long as 87.75 is resistance, look for choppy price action with a bearish bias.