Crude Oil (WTI) (U4) Intraday: towards 78.60.
Pivot:
76.50
Our preference:
Long positions above 76.50 with targets at 78.10 & 78.60 in extension.
Alternative scenario:
Below 76.50 look for further downside with 76.05 & 75.60 as targets.
Comment:
The RSI calls for a bounce.