Price Projection: 64.28 HMA: Very Strong Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: In Consolidation between 54.87 - 63.33 Price-Trend: .67x ATR
Comments: Still holding neutral even with the Saudi announcement of the plant returning to 50% of production levels. Very large consolidation zone. Prices appear to be returning to the previous levels, if not just slightly higher.
** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **