Crude Oil (WTI) (V4) Intraday: under pressure.
Pivot:
71.55
Our preference:
Short positions below 71.55 with targets at 69.75 & 68.50 in extension.
Alternative scenario:
Above 71.55 look for further upside with 72.90 & 74.40 as targets.
Comment:
The RSI shows downside momentum.