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.