Crude Oil (WTI) (F4) Intraday: the bias remains bullish.
Pivot:
71.20
Our preference:
Long positions above 71.20 with targets at 72.45 & 72.90 in extension.
Alternative scenario:
Below 71.20 look for further downside with 70.50 & 70.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.