Crude Oil (WTI) (K4) Intraday: the downside prevails.
Pivot:
87.00
Our preference:
Short positions below 87.00 with targets at 85.30 & 84.65 in extension.
Alternative scenario:
Above 87.00 look for further upside with 87.60 & 88.10 as targets.
Comment:
The RSI is bearish and calls for further decline.