What next for WTI ?

12 Oca

Although we had a strong up move in oil last week we remain well within last years range. we still a need above $76.50 area to pose a threat on higher prices towards $85/90, otherwise we sink back into the range of the last 14 months, similarly a close below $63.75 will see the deeper move lower.

5 Nis

İşlem aktif

i am updating all my charts and the views I have had after this weeks turmoil I think its time to refresh now that we have tested the $60 area which was indicated as support that now becomes our pivot area for corrective rally back to high $60's or next bigger move lower to $50 I think correction before next assault lower. good luck