Crude Oil (WTI) (Z3) Intraday: under pressure.
Pivot:
77.50
Our preference:
Short positions below 77.50 with targets at 75.80 & 75.20 in extension.
Alternative scenario:
Above 77.50 look for further upside with 78.20 & 78.70 as targets.
Comment:
The RSI is bearish and calls for further downside.