Crude Oil (WTI) (J3) Intraday: expect 78.50.
Pivot:
76.55
Our preference:
Long positions above 76.55 with targets at 77.80 & 78.50 in extension.
Alternative scenario:
Below 76.55 look for further downside with 75.95 & 75.30 as targets.
Comment:
The RSI calls for a bounce.