Crude Oil (WTI) (Q3) Intraday: bullish bias above 70.35.
Pivot:
70.35
Our preference:
Long positions above 70.35 with targets at 71.40 & 71.75 in extension.
Alternative scenario:
Below 70.35 look for further downside with 69.75 & 68.90 as targets.
Comment:
The RSI is mixed to bullish.