Crude Oil (WTI) (F4) Intraday: continuation of the rebound.
Pivot:
69.00
Our preference:
Long positions above 69.00 with targets at 70.35 & 71.10 in extension.
Alternative scenario:
Below 69.00 look for further downside with 68.00 & 67.35 as targets.
Comment:
The RSI advocates for further advance.