Crude Oil (WTI) (J3) Intraday: rebound.
Pivot:
75.95
Our preference:
Long positions above 75.95 with targets at 77.10 & 77.60 in extension.
Alternative scenario:
Below 75.95 look for further downside with 75.30 & 74.40 as targets.
Comment:
The RSI is below its neutrality area at 50% but reversing up.