Crude Oil (WTI) (X4) Intraday: caution.
Pivot:
73.50
Our preference:
Long positions above 73.50 with targets at 75.50 & 76.35 in extension.
Alternative scenario:
Below 73.50 look for further downside with 72.35 & 70.65 as targets.
Comment:
Intraday technical indicators are mixed and call for caution.