Crude Oil (WTI) (J4) Intraday: under pressure.
Pivot:
78.60
Our preference:
Short positions below 78.60 with targets at 77.80 & 77.20 in extension.
Alternative scenario:
Above 78.60 look for further upside with 79.20 & 79.60 as targets.
Comment:
The RSI is below its neutrality area at 50%