Crude Oil (WTI) (X5) Intraday: continuation of the rebound.

Pivot: 62.20

Our preference: long positions above 62.20 with targets at 63.30 & 64.00 in extension.

Alternative scenario: below 62.20 look for further downside with 61.85 & 61.45 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

64.40

64.00

63.30

62.89 Last

62.20

61.85

61.45