CFDs on WTI Crude OilUpdated WTI Roadmap June 2017
Choppy
Note
That would be 38.2 FIB retrace from the highs in 2013 summer, then most likely downleg to 38 develops into the Fall before a more significant upNote
BTW, in order for oil to go up, seems to me a conflict in Mideast is probable. What forecasts what?Note
Qatar thing could be a precursor for the conflict, just creeping instability to put premium on the marginal producers in the USNote
Volatile again but still higher than the previous low
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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.