Crude Oil (WTI) (J5) Intraday: under pressure.
Pivot:
71.10
Our preference:
Short positions below 71.10 with targets at 70.15 & 69.70 in extension.
Alternative scenario:
Above 71.10 look for further upside with 71.50 & 71.90 as targets.
Comment:
The RSI shows downside momentum.