Crude Oil (WTI) (G3) Intraday: intraday support around 77.85.
Pivot:
77.85
Our preference:
Long positions above 77.85 with targets at 79.10 & 79.70 in extension.
Alternative scenario:
Below 77.85 look for further downside with 77.00 & 76.20 as targets.
Comment:
The immediate trend remains down but the momentum is weak.
