Crude Oil (WTI) (Q4) Intraday: the downside prevails.
Pivot:
83.65
Our preference:
Short positions below 83.65 with targets at 82.85 & 82.55 in extension.
Alternative scenario:
Above 83.65 look for further upside with 83.95 & 84.20 as targets.
Comment:
The RSI has just struck against its neutrality area at 50% and is reversing down.