Crude Oil (WTI) (F5) Intraday: further upside.
Pivot:
69.50
Our preference:
Long positions above 69.50 with targets at 70.40 & 71.20 in extension.
Alternative scenario:
Below 69.50 look for further downside with 68.95 & 68.20 as targets.
Comment:
The RSI shows upside momentum.