Crude Oil (WTI) (F3) Intraday: rebound expected.
Pivot:
74.00
Our preference:
Long positions above 74.00 with targets at 75.60 & 76.10 in extension.
Alternative scenario:
Below 74.00 look for further downside with 73.40 & 72.70 as targets.
Comment:
The RSI shows upside momentum.