Crude Oil (WTI) (Q3) Intraday: bullish bias above 68.70.
Pivot:
68.70
Our preference:
Long positions above 68.70 with targets at 70.10 & 70.90 in extension.
Alternative scenario:
Below 68.70 look for further downside with 68.10 & 67.35 as targets.
Comment:
Intraday technical indicators lack momentum.