Crude Oil (WTI) (U3) Intraday: range.
Pivot:
79.65
Our preference:
Short positions below 79.65 with targets at 78.30 & 77.80 in extension.
Alternative scenario:
Above 79.65 look for further upside with 80.50 & 81.20 as targets.
Comment:
The RSI is mixed with a bearish bias.