Crude Oil (WTI) (U3) Intraday: expect 78.30.
Pivot:
80.80
Our preference:
Short positions below 80.80 with targets at 79.00 & 78.30 in extension.
Alternative scenario:
Above 80.80 look for further upside with 81.50 & 82.40 as targets.
Comment:
The RSI is bearish and calls for further downside.