Crude Oil (WTI) (G4) Intraday: the downside prevails.
Pivot:
74.30
Our preference:
Short positions below 74.30 with targets at 72.90 & 72.20 in extension.
Alternative scenario:
Above 74.30 look for further upside with 74.90 & 75.50 as targets.
Comment:
The RSI is bearish and calls for further decline.