magnans
Long

Did we touch the bottom for WTI ?

FX:USOIL   Crude Oil (WTI)
342 1 4
Based on technical analysis , we could see the rebound continue and see the WTI back to 50 and above by the end of the year. There is a bullish divergence appearing, but we should wait a week or two before confirming it is a real rebound.

However, note that some still see the WTI at 15.0... , other says "Crude prices to stay low for ‘some time' " (Total CEO             )

To be continued...

Target 60
Stop loss 36.50
jjayakumarodc
2 years ago
I agree, Thank you.
Reply
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