Crude Oil (WTI) (V18) Intraday: under pressure.
Pivot: 70.50

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.

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