Crude Oil (WTI) (Q3) Intraday: 73.80 expected.
Pivot:
71.70
Our preference:
Long positions above 71.70 with targets at 73.10 & 73.80 in extension.
Alternative scenario:
Below 71.70 look for further downside with 71.25 & 70.80 as targets.
Comment:
The RSI shows upside momentum.