|Crude Oil (WTI) (V18) Intraday: under pressure.|
Most likely scenario: short positions below 70.50 with targets at 69.15 & 68.70 in extension.
Alternative scenario: above 70.50 look for further upside with 70.90 & 71.25 as targets.
Comment: the RSI is mixed to bearish. The prices are trading below the 20-period and 50-period moving averages.