Crude Oil (WTI) (V4) Intraday: the downside prevails.
Pivot:
76.00
Our preference:
Short positions below 76.00 with targets at 74.50 & 73.80 in extension.
Alternative scenario:
Above 76.00 look for further upside with 76.60 & 77.30 as targets.
Comment:
The RSI has just struck against its neutrality area at 50% and is reversing down.