Crude Oil (WTI) (Z4) Intraday: bullish bias above 71.30.
Pivot:
71.30
Our preference:
Long positions above 71.30 with targets at 72.65 & 73.50 in extension.
Alternative scenario:
Below 71.30 look for further downside with 70.85 & 70.25 as targets.
Comment:
The RSI is mixed with a bullish bias.