Uptrend on WTI will continue

By Pieschel
Updated
I think the uptrend on WTI will go on shortly. As you can see from my chart the big uptrend is intact. Also the horizontal line is a major resistance. This is only the opinion if the writer and should not be seen as investment advice.
Comment
Let's see if WTI comes back into the downtrend. Then it might get to the target where i'd place a buy order. If not, we'll see the ralley continues.
Comment
WTI has gone on for the ralley... seutp not any longer valid...
Trend Analysis
Pieschel

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