Crude Oil (WTI) (X4) Intraday: the downside prevails.
Pivot:
73.40
Our preference:
Short positions below 73.40 with targets at 71.05 & 69.90 in extension.
Alternative scenario:
Above 73.40 look for further upside with 74.80 & 75.40 as targets.
Comment:
The RSI has broken down its 30 level.