Crude Oil (WTI) (U4) Intraday: further advance.
Pivot:
74.40
Our preference:
Long positions above 74.40 with targets at 76.50 & 77.25 in extension.
Alternative scenario:
Below 74.40 look for further downside with 73.80 & 73.05 as targets.
Comment:
The RSI is above its neutrality area at 50%.