Crude Oil (WTI) (Z3) Intraday: intraday support around 83.70.
Pivot:
83.70
Our preference:
Long positions above 83.70 with targets at 85.30 & 85.90 in extension.
Alternative scenario:
Below 83.70 look for further downside with 83.10 & 82.55 as targets.
Comment:
A support base at 83.70 has formed and has allowed for a temporary stabilisation.