Crude Oil (WTI) (V18) Intraday: under pressure.
Pivot: 68.40

Most likely scenario: short positions below 68.40 with targets at 67.50 & 67.00 in extension.

Alternative scenario: above 68.40 look for further upside with 69.00 & 69.50 as targets.

Comment: the RSI advocates for further decline.

Leave a Reply