Crude Oil (WTI) (J4) Intraday: the downside prevails.
Pivot:
79.30
Our preference:
Short positions below 79.30 with targets at 78.55 & 77.90 in extension.
Alternative scenario:
Above 79.30 look for further upside with 79.80 & 80.40 as targets.
Comment:
The RSI is below its neutrality area at 50%