Crude Oil (WTI) (U4) Intraday: the downside prevails.
Pivot:
76.55
Our preference:
Short positions below 76.55 with targets at 75.30 & 74.50 in extension.
Alternative scenario:
Above 76.55 look for further upside with 77.60 & 78.60 as targets.
Comment:
The RSI calls for a drop.