Crude Oil (WTI) (J5) Intraday: the downside prevails.
Pivot:
66.50
Our preference:
Short positions below 66.50 with targets at 65.30 & 64.70 in extension.
Alternative scenario:
Above 66.50 look for further upside with 67.00 & 67.60 as targets.
Comment:
The RSI has broken down its 30 level.