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MarketIntel
Sep 15, 2023 8:29 PM

WTI: Unstoppable πŸš€Β 

Crude Oil FuturesNYMEX

Description

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WTI is riding a robust bullish wave, propelling it to its highest levels in 10 months. In our analysis, we anticipate that, to complete the blue wave [5], it must surpass the resistance at $93.74. Subsequently, a noteworthy descent is in the cards. It’s essential to note that a dip below $73.89, though with a 38% probability in our estimation, signifies a further decline within the green wave alt.[2].
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