WTI Crude oil front expiration - last updateOverview: Weekness due to the OPEC+ meeting uncertainty.
Strategy: Positive Delta looking for a technical rebound and waiting for the CoT report which is gonna be released today. We hold moderate positive position. Our current delta: @$74.20: +0.20
Technical signals: RSI negative, Stochastic in oversold area.
Trends analysis: primary(purple): corrective structure wave A, intermediate(green): corrective structure wave C, minor(yellow): impulsive structure wave 2. On breakout of $73.90 the intermediate(green) trend will go back to wave B asymmetrical structure.
----->>Today's session corrections: @$74.80 from -0.36 to 0.30