Crude Oil (WTI)‎ (V4)‎ Intraday: the downside prevails.

Pivot:

76.00

Our preference:

Short positions below 76.00 with targets at 74.50 & 73.80 in extension.

Alternative scenario:

Above 76.00 look for further upside with 76.60 & 77.30 as targets.

Comment:

The RSI has just struck against its neutrality area at 50% and is reversing down.