Crude Oil (WTI) (J4) Intraday: bounce.
Pivot:
78.75
Our preference:
Long positions above 78.75 with targets at 79.75 & 80.55 in extension.
Alternative scenario:
Below 78.75 look for further downside with 78.00 & 77.50 as targets.
Comment:
The RSI is mixed to bullish.