Crude Oil (WTI) (F5) Intraday: towards 71.50.
Pivot:
69.50
Our preference:
Long positions above 69.50 with targets at 70.85 & 71.50 in extension.
Alternative scenario:
Below 69.50 look for further downside with 69.10 & 68.70 as targets.
Comment:
The RSI is bullish and calls for further upside.