WTI Intraday: the downside prevails.
short positions below 70.35 with targets at 68.90 & 68.20 in extension.
Pivot: 70.35
Our preference: short positions below 70.35 with targets at 68.90 & 68.20 in extension.
Alternative scenario: above 70.35 look for further upside with 71.30 & 72.25 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
72.25
71.30
70.35
69.47 Last
68.90
68.20
67.60
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