WTI Intraday: rebound.
long positions above 68.85 with targets at 69.90 & 70.30 in extension.
Pivot: 68.85
Our preference: long positions above 68.85 with targets at 69.90 & 70.30 in extension.
Alternative scenario: below 68.85 look for further downside with 68.50 & 68.20 as targets.
Comment: the RSI advocates for further advance.
Supports and resistances:
70.75
70.30
69.90
69.38 Last
68.85
68.50
68.20
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