Crude Oil (WTI) (Q4) Intraday: range.
Pivot:
81.25
Our preference:
Short positions below 81.25 with targets at 80.20 & 79.60 in extension.
Alternative scenario:
Above 81.25 look for further upside with 81.60 & 81.90 as targets.
Comment:
As long as 81.25 is resistance, expect a return to 80.20.