Crude Oil (WTI) (Q3) Intraday: bullish bias above 68.40.
Pivot:
68.40
Our preference:
Long positions above 68.40 with targets at 70.15 & 70.90 in extension.
Alternative scenario:
Below 68.40 look for further downside with 67.70 & 67.05 as targets.
Comment:
The RSI is bullish and calls for further upside.