Crude Oil (WTI) (U4) Intraday: key resistance at 75.95.
Pivot:
75.95
Our preference:
Short positions below 75.95 with targets at 74.60 & 73.75 in extension.
Alternative scenario:
Above 75.95 look for further upside with 76.85 & 77.65 as targets.
Comment:
As long as the resistance at 75.95 is not surpassed, the risk of the break below 74.60 remains high.