priceprophet

WTI update for 25 February 2020

Short
TVC:USOIL   CFDs on WTI Crude Oil
Daily Data Summary Suggests:

Current Daily Trend (price relationship to the trend MA) is Bearish
The price relationship to the moving averages currently suggest Short positions.
Current chart score suggests that Bearish Sentiment is present.
The anticipated upcoming trade range is between 48.51 - 50.07
No Conolidation Exists at this time
If WTI is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 46.68

The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Bearish
The RSI that monitors bearish strength has a current daily reading of: Bearish
The strength demonstrated over the last 5 days is currently: Bearish

Comments:
1 STD DEV for 26 Feb: 48.92 - 51.21

** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **

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