Crude Oil (WTI) (M4) Intraday: look for 80.00.
Pivot:
82.15
Our preference:
Short positions below 82.15 with targets at 80.50 & 80.00 in extension.
Alternative scenario:
Above 82.15 look for further upside with 82.70 & 83.20 as targets.
Comment:
The RSI calls for a new downleg.