(15 AUGUST 2018)Crude Oil (WTI):Key resistance at 67.50

Pivot (invalidation): 67.50

Our preference

Short positions below 67.50 with targets at 66.10 & 65.70 in extension.

Alternative scenario

Above 67.50 look for further upside with 67.95 & 68.35 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)