Crude Oil (WTI) (X4) Intraday: bullish bias above 69.30.
Pivot:
69.30
Our preference:
Long positions above 69.30 with targets at 70.65 & 71.20 in extension.
Alternative scenario:
Below 69.30 look for further downside with 68.70 & 68.20 as targets.
Comment:
The RSI is mixed with a bullish bias.