LineKing

WTI Oil at interesting juncture

NYMEX:CL1!   Light Crude Oil Futures
60 0 0
Long and Medium term Support levels.

Would need to see much more +ve PA before considering any long plays.

Historically WTI bottoms with large daily wicks, usually 3+. Current geopolitical favours the chances of this type of PA.

Still short bias until signs of the above become evident. Hold of c.34.40 - 35.50 would be a start
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