Crude Oil (WTI) (M4) Intraday: caution.
Pivot:
78.60
Our preference:
Short positions below 78.60 with targets at 78.00 & 77.70 in extension.
Alternative scenario:
Above 78.60 look for further upside with 78.85 & 79.10 as targets.
Comment:
The RSI is mixed and calls for caution.