Crude Oil (WTI) (N4) Intraday: watch 78.50.
Pivot:
79.70
Our preference:
Short positions below 79.70 with targets at 78.95 & 78.50 in extension.
Alternative scenario:
Above 79.70 look for further upside with 80.05 & 80.60 as targets.
Comment:
The RSI advocates for further downside.