Crude Oil (WTI) (U4) Intraday: the bias remains bullish.
Pivot:
77.40
Our preference:
Long positions above 77.40 with targets at 78.60 & 79.05 in extension.
Alternative scenario:
Below 77.40 look for further downside with 76.90 & 76.40 as targets.
Comment:
The RSI is around its neutrality area at 50%