Crude Oil (WTI) (J5) Intraday: the downside prevails.
Pivot:
69.80
Our preference:
Short positions below 69.80 with targets at 68.50 & 68.15 in extension.
Alternative scenario:
Above 69.80 look for further upside with 70.45 & 71.00 as targets.
Comment:
The RSI is below its neutrality area at 50%