Crude Oil (WTI) (J5) Intraday: aim @ 72.55.
Pivot:
71.30
Our preference:
Long positions above 71.30 with targets at 72.05 & 72.55 in extension.
Alternative scenario:
Below 71.30 look for further downside with 71.00 & 70.70 as targets.
Comment:
The RSI is bullish and calls for further upside.