Crude Oil (WTI) (N4) Intraday: under pressure.
Pivot:
78.50
Our preference:
Short positions below 78.50 with targets at 77.25 & 76.85 in extension.
Alternative scenario:
Above 78.50 look for further upside with 79.00 & 79.40 as targets.
Comment:
The RSI is below its neutrality area at 50%