Crude Oil (WTI) (M4) Intraday: target 79.40.
Pivot:
78.10
Our preference:
Long positions above 78.10 with targets at 79.40 & 79.95 in extension.
Alternative scenario:
Below 78.10 look for further downside with 77.55 & 76.70 as targets.
Comment:
The RSI shows upside momentum.