Crude Oil (WTI) (K4) Intraday: towards 84.00.
Pivot:
86.30
Our preference:
Short positions below 86.30 with targets at 84.65 & 84.00 in extension.
Alternative scenario:
Above 86.30 look for further upside with 87.00 & 87.60 as targets.
Comment:
The RSI is bearish and calls for further decline.