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LEONES
Jun 11, 2014 4:33 AM

WTI Crude Oil pushing higher Long

Crude Oil FuturesNYMEX

Description

WTI Crude Oil is pushing higher and seems developing a zig-zag pattern with target objective on the bull median line (109.0). I wouldn't risk much here, above 105.0 should gain momentum fast and not look back, if not, it is not a good trade - tight stop. Funds have huge long positions now. 108.0-110.0 we could find sellers.
Comments
LEONES
-Crude oil started moving higher. We will see 108-110 soon
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