Crude Oil (WTI) (J5) Intraday: under pressure.
Pivot:
69.20
Our preference:
Short positions below 69.20 with targets at 67.85 & 67.00 in extension.
Alternative scenario:
Above 69.20 look for further upside with 69.70 & 70.20 as targets.
Comment:
The RSI is bearish and calls for further downside.