Crude Oil (WTI) (G5) Intraday: the downside prevails.
Pivot:
69.80
Our preference:
Short positions below 69.80 with targets at 68.80 & 68.35 in extension.
Alternative scenario:
Above 69.80 look for further upside with 70.40 & 70.80 as targets.
Comment:
The RSI is below its neutrality area at 50%