Crude Oil (WTI) (J4) Intraday: bullish bias above 80.30.
Pivot:
80.30
Our preference:
Long positions above 80.30 with targets at 81.60 & 82.00 in extension.
Alternative scenario:
Below 80.30 look for further downside with 79.90 & 79.40 as targets.
Comment:
The RSI calls for a bounce.