Crude Oil (WTI) (V4) Intraday: under pressure.
Pivot:
70.40
Our preference:
Short positions below 70.40 with targets at 68.30 & 67.50 in extension.
Alternative scenario:
Above 70.40 look for further upside with 71.45 & 72.10 as targets.
Comment:
The RSI is below its neutrality area at 50%