Crude Oil (WTI) (Q4) Intraday: the downside prevails.
Pivot:
81.00
Our preference:
Short positions below 81.00 with targets at 80.00 & 79.75 in extension.
Alternative scenario:
Above 81.00 look for further upside with 81.35 & 81.70 as targets.
Comment:
The RSI shows downside momentum.