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.