Crude Oil (WTI) (F4) Intraday: bullish bias above 77.45.
Pivot: 77.45
Our preference: long positions above 77.45 with targets at 78.70 & 79.20 in extension.
Alternative scenario: below 77.45 look for further downside with 77.00 & 76.30 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
79.65
79.20
78.70
78.04 Last
77.45
77.00
76.30
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