Crude Oil (WTI) (Z4) Intraday: watch 69.30.
Pivot:
71.10
Our preference:
Short positions below 71.10 with targets at 69.75 & 69.30 in extension.
Alternative scenario:
Above 71.10 look for further upside with 71.70 & 72.25 as targets.
Comment:
The RSI calls for a new downleg.