Crude Oil (WTI) (Q5) Intraday: bullish bias above 72.00.

Pivot: 72.00

Our preference: long positions above 72.00 with targets at 74.00 & 75.50 in extension.

Alternative scenario: below 72.00 look for further downside with 70.95 & 69.60 as targets.

Comment: the RSI has just landed on its neutrality area at 50%.

Supports and resistances:

76.45

75.50

74.00

73.03 Last

72.00

70.95

69.60