Crude Oil (WTI) (V4) Intraday: look for 74.30.
Pivot:
72.20
Our preference:
Long positions above 72.20 with targets at 73.65 & 74.30 in extension.
Alternative scenario:
Below 72.20 look for further downside with 71.50 & 71.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.