Crude Oil (WTI) (V4) Intraday: the downside prevails.
Pivot:
74.30
Our preference:
Short positions below 74.30 with targets at 72.55 & 71.80 in extension.
Alternative scenario:
Above 74.30 look for further upside with 75.10 & 75.70 as targets.
Comment:
The RSI is below its neutrality area at 50%