WTI is trading in sideway since the short squeeze.
The congestion phase continues, but if WTI pop above 46, we could see some stop triggered and a little rally toward 48.
This is a short term play, however, I still think WTI should rally at 50 before the end of the year.
The congestion phase continues, but if WTI pop above 46, we could see some stop triggered and a little rally toward 48.
This is a short term play, however, I still think WTI should rally at 50 before the end of the year.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.