Killy_Mel
Short

MACRO VIEW: WTI OIL UPDATE: BREAKDOWN FROM THE RANE

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
Following the OPEC decision to avoid cutting their oil             production, WTI Oil             has again broken down from its relevant range border, this time it looks like for good.

Price is now significantly below both 1-year and 1-quater distribution, trading above below 1st standard deviations from 1-year and 1-quarter mean - signaling more downside probability.

The move will be fully confirmed by WTI Oil             breaking below its 2015 low at 37.70 (lowest point since 2008/9 crisis)
andberg PRO
a year ago
The link you put on your text is W&T Offshore inc
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Killy_Mel andberg
a year ago
its automatic replacement btw (cant do anything about it), surely I mean WTI Crude Oil
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andberg PRO Killy_Mel
a year ago
Try with USOIL or CL1! Instead
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