CFDs on Crude Oil (WTI)Updated WTI Roadmap June 2016
USD weakness could prolong the corrective retrace into $62-75 range
Note
The multimonth volative consolidation most likely finishes late Feb (seems to me FOMC mins 22 FEB look interesting in that respect? Watch out potential down to 49/50 before final upleg into 60s. Highly volatile thisNote
Critical 1/2 week period for oil. I still expect to see low 60s into summer, but needs USD devaluation.
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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.