Crude Oil (WTI) (X4) Intraday: key resistance at 74.40.
Pivot:
74.40
Our preference:
Short positions below 74.40 with targets at 71.55 & 70.70 in extension.
Alternative scenario:
Above 74.40 look for further upside with 75.40 & 76.40 as targets.
Comment:
As long as 74.40 is resistance, look for choppy price action with a bearish bias.