Crude Oil (WTI) (K3) Intraday: intraday support around 79.00.
Pivot:
79.00
Our preference:
Long positions above 79.00 with targets at 81.65 & 82.30 in extension.
Alternative scenario:
Below 79.00 look for further downside with 78.00 & 77.00 as targets.
Comment:
A support base at 79.00 has formed and has allowed for a temporary stabilisation.