Crude Oil (WTI) (F5) Intraday: the upside prevails.
Pivot:
70.40
Our preference:
Long positions above 70.40 with targets at 71.85 & 72.40 in extension.
Alternative scenario:
Below 70.40 look for further downside with 69.95 & 69.30 as targets.
Comment:
The RSI is bullish and calls for further upside.