Crude Oil (WTI) (Z3) Intraday: the downside prevails.
Pivot:
74.20
Our preference:
Short positions below 74.20 with targets at 72.10 & 71.20 in extension.
Alternative scenario:
Above 74.20 look for further upside with 75.00 & 75.80 as targets.
Comment:
The RSI is bearish and calls for further downside.