Crude Oil (WTI) (J4) Intraday: bullish bias above 77.20.
Pivot:
77.20
Our preference:
Long positions above 77.20 with targets at 78.00 & 78.40 in extension.
Alternative scenario:
Below 77.20 look for further downside with 76.80 & 76.35 as targets.
Comment:
The next resistances are at 78.00 and then at 78.40.