Crude Oil (WTI) (J4) Intraday: towards 80.65.
Pivot:
78.95
Our preference:
Long positions above 78.95 with targets at 80.00 & 80.65 in extension.
Alternative scenario:
Below 78.95 look for further downside with 78.45 & 77.65 as targets.
Comment:
The RSI calls for a bounce.