Crude Oil (WTI) (Z4) Intraday: the bias remains bullish.
Pivot:
71.10
Our preference:
Long positions above 71.10 with targets at 73.20 & 73.80 in extension.
Alternative scenario:
Below 71.10 look for further downside with 70.65 & 69.90 as targets.
Comment:
The RSI calls for a bounce.