Crude Oil (WTI) (G5) Intraday: intraday support around 70.00.
Pivot:
70.00
Our preference:
Long positions above 70.00 with targets at 70.75 & 71.00 in extension.
Alternative scenario:
Below 70.00 look for further downside with 69.50 & 68.70 as targets.
Comment:
The next resistances are at 70.75 and then at 71.00.