Crude Oil (WTI) (F5) Intraday: the downside prevails.
Pivot:
69.50
Our preference:
Short positions below 69.50 with targets at 68.20 & 67.75 in extension.
Alternative scenario:
Above 69.50 look for further upside with 69.90 & 70.50 as targets.
Comment:
The RSI shows downside momentum.