Crude Oil (WTI) (Q5) Intraday: intraday support around 72.60.
Pivot:
72.60
Our preference:
Long positions above 72.60 with targets at 74.50 & 75.70 in extension.
Alternative scenario:
Below 72.60 look for further downside with 71.70 & 70.90 as targets.
Comment:
The RSI is below its neutrality area at 50% but reversing up.