Crude Oil (WTI) (M4) Intraday: intraday support around 78.60.
Pivot:
78.60
Our preference:
Long positions above 78.60 with targets at 79.65 & 80.00 in extension.
Alternative scenario:
Below 78.60 look for further downside with 78.15 & 77.70 as targets.
Comment:
The RSI shows upside momentum.