Crude Oil (WTI) (Z4) Intraday: turning up.
Pivot:
69.70
Our preference:
Long positions above 69.70 with targets at 71.30 & 72.25 in extension.
Alternative scenario:
Below 69.70 look for further downside with 68.90 & 68.20 as targets.
Comment:
The RSI calls for a bounce.