Crude Oil (WTI) (F4) Intraday: bullish bias above 76.90.
Pivot:
76.90
Our preference:
Long positions above 76.90 with targets at 78.45 & 79.00 in extension.
Alternative scenario:
Below 76.90 look for further downside with 76.30 & 75.40 as targets.
Comment:
A support base at 76.90 has formed and has allowed for a temporary stabilisation.