Crude Oil (WTI) (U3) Intraday: bullish bias above 76.00.
Pivot:
76.00
Our preference:
Long positions above 76.00 with targets at 77.30 & 78.00 in extension.
Alternative scenario:
Below 76.00 look for further downside with 75.40 & 74.50 as targets.
Comment:
The RSI is mixed with a bullish bias.