Crude Oil (WTI) (Z4) Intraday: the downside prevails.
Pivot:
69.30
Our preference:
Short positions below 69.30 with targets at 68.20 & 67.60 in extension.
Alternative scenario:
Above 69.30 look for further upside with 69.90 & 70.65 as targets.
Comment:
The RSI has broken down its 30 level.