WTI - nothing to see, nothing to do

Crude Oil (WTI)FXCM

Description

⋅ Feb 15, 2017 7:27 AM

It is still trading in the tight noise box. Consolidation. There's nothing to do with it right now, as it is not trending. Volatility is extreme low.

I still prefer the long Brent/short WTI spread trade (please see below).