Crude Oil (WTI) (Z3) Intraday May fall -2.06 %

Pivot: 78.70
Our preference:

short positions below 78.70 with targets at 77.00 & 76.25 in extension.
Alternative scenario:

above 78.70 look for further upside with 79.75 & 80.30 as targets.
Comment:

the RSI is bearish and calls for further downside
Chart PatternsFundamental AnalysisWave Analysis

Penafian