Crude Oil (WTI) (Q4) Intraday: turning down.
Pivot:
78.35
Our preference:
Short positions below 78.35 with targets at 77.60 & 77.35 in extension.
Alternative scenario:
Above 78.35 look for further upside with 78.70 & 78.95 as targets.
Comment:
The RSI is bearish and calls for further downside.