Crude Oil (WTI) (N4) Intraday: under pressure.
Pivot:
75.40
Our preference:
Short positions below 75.40 with targets at 73.00 & 72.00 in extension.
Alternative scenario:
Above 75.40 look for further upside with 76.40 & 77.50 as targets.
Comment:
The RSI has broken down its 30 level.