Crude Oil (WTI) (G5) Intraday: continuation of the rebound.
Pivot:
73.50
Our preference:
Long positions above 73.50 with targets at 74.90 & 75.30 in extension.
Alternative scenario:
Below 73.50 look for further downside with 73.15 & 72.85 as targets.
Comment:
The RSI is bullish and calls for further upside.