Crude Oil (WTI) (J4) Intraday: bounce.
Pivot:
77.40
Our preference:
Long positions above 77.40 with targets at 78.80 & 79.35 in extension.
Alternative scenario:
Below 77.40 look for further downside with 76.80 & 76.35 as targets.
Comment:
The RSI is around its neutrality area at 50%