WTI is coming out of the hole. Soft target of prices around 68.58 - 70
Anticipating the ETF (UCO) should see highs around 28 in the next two months.
WTI has closed above the 21 for the first time in 4 months with bear sign.
On the daily, it has been consolidation between 60.71 and 58.15
Friday didn't close above, however it is positioned for such in the coming month.
Last daily signal showed a desire for 62.736
Strength exists for this break out into this trading zone.
Expecting around 66.35 in April which is the upper boundary of its trading range.
Anticipating the ETF (UCO) should see highs around 28 in the next two months.
WTI has closed above the 21 for the first time in 4 months with bear sign.
On the daily, it has been consolidation between 60.71 and 58.15
Friday didn't close above, however it is positioned for such in the coming month.
Last daily signal showed a desire for 62.736
Strength exists for this break out into this trading zone.
Expecting around 66.35 in April which is the upper boundary of its trading range.