Crude Oil (WTI) (N3) Intraday: the bias remains bullish.
Pivot:
71.00
Our preference:
Long positions above 71.00 with targets at 72.30 & 73.00 in extension.
Alternative scenario:
Below 71.00 look for further downside with 70.10 & 69.40 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.