Crude Oil (WTI) (G5) Intraday: bounce.
Pivot:
69.25
Our preference:
Long positions above 69.25 with targets at 70.15 & 70.50 in extension.
Alternative scenario:
Below 69.25 look for further downside with 68.80 & 68.10 as targets.
Comment:
The RSI calls for a bounce.