Crude Oil (WTI) (Q5) Intraday: bounce.
Pivot:
69.30
Our preference:
Long positions above 69.30 with targets at 72.50 & 73.80 in extension.
Alternative scenario:
Below 69.30 look for further downside with 67.85 & 66.50 as targets.
Comment:
The RSI calls for a rebound.