Crude Oil (WTI) (M4) Intraday: under pressure.
Pivot:
79.10
Our preference:
Short positions below 79.10 with targets at 77.90 & 77.45 in extension.
Alternative scenario:
Above 79.10 look for further upside with 79.60 & 79.90 as targets.
Comment:
The RSI is below its neutrality area at 50%