Technical Analysis and Outlook
WTI crude oil has delayed its up move and is continuously trading in a stagnated range - Mean Sup $55.15 and Key Res $57.15. However, its path to near-term outer Oil Rally $58.40 is sound. On the downside vulnerable Mean Sup $55.15 is prone to be taken out - Keep an eye on critical Key Sup $52 as well. (For Market Commentary conclusion, please visit the TradingSig_dot_com).
WTI crude oil has delayed its up move and is continuously trading in a stagnated range - Mean Sup $55.15 and Key Res $57.15. However, its path to near-term outer Oil Rally $58.40 is sound. On the downside vulnerable Mean Sup $55.15 is prone to be taken out - Keep an eye on critical Key Sup $52 as well. (For Market Commentary conclusion, please visit the TradingSig_dot_com).
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.
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.