Crude Oil (WTI) (J3) Intraday: 79.00 in sight.
Pivot:
76.60
Our preference:
Long positions above 76.60 with targets at 78.40 & 79.00 in extension.
Alternative scenario:
Below 76.60 look for further downside with 76.10 & 75.60 as targets.
Comment:
The RSI is bullish and calls for further upside.