|Crude Oil (WTI) (V18) Intraday: watch 70.90.|
Most likely scenario: long positions above 69.35 with targets at 70.40 & 70.90 in extension.
Alternative scenario: below 69.35 look for further downside with 68.85 & 68.55 as targets.
Comment: the RSI is supported by a rising trend line. The prices are trading around 20-period moving average.