Crude Oil (WTI) (Q4) Intraday: key resistance at 81.35.
Pivot:
81.35
Our preference:
Short positions below 81.35 with targets at 80.20 & 79.75 in extension.
Alternative scenario:
Above 81.35 look for further upside with 82.00 & 82.50 as targets.
Comment:
As long as the resistance at 81.35 is not surpassed, the risk of the break below 80.20 remains high.