Crude Oil (WTI) (V4) Intraday: expect 74.05.
Pivot:
76.50
Our preference:
Short positions below 76.50 with targets at 75.10 & 74.05 in extension.
Alternative scenario:
Above 76.50 look for further upside with 77.60 & 78.45 as targets.
Comment:
The RSI is bearish and calls for further decline.