Crude Oil (WTI) (J3) Intraday: key resistance at 76.30.
Pivot:
76.30
Our preference:
Short positions below 76.30 with targets at 75.00 & 74.40 in extension.
Alternative scenario:
Above 76.30 look for further upside with 76.80 & 77.30 as targets.
Comment:
As long as 76.30 is resistance, look for choppy price action with a bearish bias.