Crude Oil (WTI)‎ (V4)‎ Intraday: expect 74.05.

Pivot:

76.50

Our preference:

Short positions below 76.50 with targets at 75.10 & 74.05 in extension.

Alternative scenario:

Above 76.50 look for further upside with 77.60 & 78.45 as targets.

Comment:

The RSI is bearish and calls for further decline.