Crude Oil (WTI) (X4) Intraday: range.
Pivot:
71.30
Our preference:
Short positions below 71.30 with targets at 69.70 & 69.00 in extension.
Alternative scenario:
Above 71.30 look for further upside with 72.10 & 72.70 as targets.
Comment:
The RSI is mixed and calls for caution.