Crude Oil (WTI) (Q4) Intraday: the upside prevails.
Pivot:
79.20
Our preference:
Long positions above 79.20 with targets at 80.50 & 81.00 in extension.
Alternative scenario:
Below 79.20 look for further downside with 78.70 & 78.20 as targets.
Comment:
The RSI is bullish and calls for further upside.