Crude Oil (WTI) (U4) Intraday: intraday support around 77.10.
Pivot:
77.10
Our preference:
Long positions above 77.10 with targets at 78.20 & 78.70 in extension.
Alternative scenario:
Below 77.10 look for further downside with 76.40 & 75.45 as targets.
Comment:
A support base at 77.10 has formed and has allowed for a temporary stabilisation.