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Crude Oil (WTI) (J4) Intraday: under pressure.
2024-03-07
141
Pivot: 79.75
Our preference: short positions below 79.75 with targets at 78.70 & 78.20 in extension.
Alternative scenario: above 79.75 look for further upside with 80.55 & 81.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
81.00
80.55
79.75
79.05 Last
78.70
78.20
77.65
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