Crude Oil (WTI) (U4) Intraday: the upside prevails.
Pivot:
75.30
Our preference:
Long positions above 75.30 with targets at 76.50 & 77.25 in extension.
Alternative scenario:
Below 75.30 look for further downside with 74.40 & 73.80 as targets.
Comment:
The RSI is above its neutrality area at 50%.