Crude Oil (WTI) (G3) Intraday: bullish bias above 79.00.
Pivot:
79.00
Our preference:
Long positions above 79.00 with targets at 80.80 & 81.50 in extension.
Alternative scenario:
Below 79.00 look for further downside with 78.00 & 77.20 as targets.
Comment:
The RSI is mixed with a bullish bias.