Crude Oil (WTI) (U3) Intraday: the upside prevails.
Pivot:
80.50
Our preference:
Long positions above 80.50 with targets at 82.40 & 83.40 in extension.
Alternative scenario:
Below 80.50 look for further downside with 79.80 & 78.70 as targets.
Comment:
The RSI calls for a new upleg.