Crude Oil (WTI) (Z3) Intraday: further advance.
Pivot:
77.50
Our preference:
Long positions above 77.50 with targets at 79.00 & 79.70 in extension.
Alternative scenario:
Below 77.50 look for further downside with 76.90 & 76.25 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.