Crude Oil (WTI) (J4) Intraday: the downside prevails.
Pivot:
77.00
Our preference:
Short positions below 77.00 with targets at 75.90 & 75.50 in extension.
Alternative scenario:
Above 77.00 look for further upside with 77.35 & 77.70 as targets.
Comment:
The RSI is below its neutrality area at 50%