Crude Oil (WTI) (N4) Intraday: look for 79.10.
Pivot:
77.65
Our preference:
Long positions above 77.65 with targets at 78.60 & 79.10 in extension.
Alternative scenario:
Below 77.65 look for further downside with 77.25 & 76.95 as targets.
Comment:
The RSI calls for a new upleg.