Crude Oil (WTI) (U4) Intraday: key resistance at 79.35.
Pivot:
79.35
Our preference:
Short positions below 79.35 with targets at 78.00 & 77.10 in extension.
Alternative scenario:
Above 79.35 look for further upside with 80.15 & 80.90 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.