Crude Oil (WTI) (F4) Intraday: under pressure.
Pivot:
70.75
Our preference:
Short positions below 70.75 with targets at 68.00 & 67.00 in extension.
Alternative scenario:
Above 70.75 look for further upside with 72.00 & 72.90 as targets.
Comment:
As long as 70.75 is resistance, likely decline to 68.00.