Crude Oil (WTI) (G4) Intraday: intraday support around 71.30.
Pivot:
71.30
Our preference:
Long positions above 71.30 with targets at 73.20 & 74.00 in extension.
Alternative scenario:
Below 71.30 look for further downside with 70.35 & 69.30 as targets.
Comment:
The RSI is below its neutrality area at 50% but reversing up.