Crude Oil (WTI) (J1) ST: the bias remains bullish.
Pivot: 55.30
Our preference: long positions above 55.30 with targets at 62.10 & 67.20 in extension.
Alternative scenario: below 55.30 look for further downside with 53.70 & 51.30 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
70.00 **
67.20 **
62.10 ***
59.04 Last
55.30 ***
53.70 ***
51.30 **

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