Crude Oil (WTI) (X4) Intraday: rebound.
Pivot:
70.30
Our preference:
Long positions above 70.30 with targets at 71.50 & 72.10 in extension.
Alternative scenario:
Below 70.30 look for further downside with 69.70 & 69.00 as targets.
Comment:
The RSI calls for a bounce.