|Crude Oil (WTI) (V18) Intraday: key resistance at 69.30.|
Most likely scenario: short positions below 69.30 with targets at 68.35 & 68.00 in extension.
Alternative scenario: above 69.30 look for further upside with 69.75 & 70.15 as targets.
Comment: the RSI is mixed to bearish. The prices are trading around the 20-period moving average. Also, lower tops and lower bottoms are observed on the 30-minute chart.