WTI crude hints at cheeky bounce to $72

WTI has fallen over 11% in seven days, and the loss of momentum around $70 could appeal to bullish swing traders. We're not looking for anything heroic here given the mixed signals on futures positioning, but it might be able to deliver a cheeky bounce higher over the near term.

MS.
Candlestick AnalysisCrude Oil Futures WTI (CL1!)crudeCrude OilPivot PointsSupport and ResistanceswingtraderswingtradingvideoWTIwticrudewticrudeoil

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