Crude Oil (WTI) (K5) Intraday: bounce.
Pivot:
69.00
Our preference:
Long positions above 69.00 with targets at 69.75 & 70.10 in extension.
Alternative scenario:
Below 69.00 look for further downside with 68.80 & 68.50 as targets.
Comment:
The RSI calls for a bounce.