Crude Oil (WTI) (K3) Intraday: bounce.
Pivot:
79.60
Our preference:
Long positions above 79.60 with targets at 81.80 & 83.20 in extension.
Alternative scenario:
Below 79.60 look for further downside with 79.00 & 78.00 as targets.
Comment:
The RSI advocates for further upside.