Crude Oil (WTI) (J5) Intraday: bounce.
Pivot:
66.40
Our preference:
Long positions above 66.40 with targets at 67.00 & 67.40 in extension.
Alternative scenario:
Below 66.40 look for further downside with 66.00 & 65.50 as targets.
Comment:
The RSI calls for a bounce.