AlmightyPips

.WTICrude Demand?

Education
TVC:USOIL   CFDs on WTI Crude Oil
This my understanding of the current oil situation. If everything goes good on Thursday USOil can have an extremely bullish daily move. Fundamentally we might not have the right demand conditions to sustain a sentimental boost. If it does boost and if it does not break below 20 it can most likely remain bullish. Recommended to trail SL in profit. SL in profit may also be a good Sell Stop entry if fundamental conditions continue to remain bearish for OIL

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