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

Pivot: 62.20

Our preference: long positions above 62.20 with targets at 63.15 & 63.65 in extension.

Alternative scenario: below 62.20 look for further downside with 61.70 & 61.40 as targets.

Comment: the RSI calls for a rebound.

Supports and resistances:

64.05

63.65

63.15

62.72 Last

62.20

61.70

61.40