Weak WTI outlook in next 1-2 months
WTI outlook was negative in next 1-2 months due to: (i) 50MA falling the first time since Mar 2017. Based on historical record, 50MA should fall around 1-2 months before recovery; (ii) double top at US$65; (iii) falling RSI and MACD
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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.