WTI Update 12 August 2019

TVC:USOIL   CFDs on WTI Crude Oil
Daily Data for Wednesday 12 August 2019
In Bear Territory
Price Projection: 55.67
HMA: Bear
BSI: Bearish
Bull RSI: Neutral
Bear RSI: Bear
5 RSI: Positive
Consolidation:55.16 - 52.40
Price- Trend: 1.88x ATR

The neutrality of the Bull RSI is impacting prices. The 5 RSI has returned slightly into positive territory with the BSI triggering an weak upward price projection.
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