Crude Oil (WTI) (F4) Intraday: the downside prevails.
Pivot:
73.00
Our preference:
Short positions below 73.00 with targets at 71.70 & 71.00 in extension.
Alternative scenario:
Above 73.00 look for further upside with 74.10 & 75.00 as targets.
Comment:
The RSI is bearish and calls for further decline.