Crude Oil (WTI) (G3) Intraday: watch 79.70.
Pivot:
77.90
Our preference:
Long positions above 77.90 with targets at 79.10 & 79.70 in extension.
Alternative scenario:
Below 77.90 look for further downside with 77.30 & 76.80 as targets.
Comment:
The RSI calls for a rebound.