Stoic-Trader

WTI OIL - Still no uptrend

Short
Stoic-Trader Updated   
TVC:USOIL   CFDs on WTI Crude Oil

After bouncing from the first yellow target from my past post, oil has been going sideways between this support (~76) and strong resistance in the low 90's.

We haven't yet breached my "bullish level" at 97.65, and we also don't have RSI divergence.

Therefore, I am still bearish, for a retest of 76 support, and then 65.
Comment:
1st support at 76 reached

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