WTI OIL OUTLOOK>>>>
Oil declines, touching the minor support level seen on the graph, while bearish direction becomes weaker according to ADX without any signs of reversal, as moving averages are negative.
Therefore, we prefer to stand aside now and wait until a new sign appears. On the downside, coming below 39.35 will extend the bearishness and will bring bearish pressures.
TRADING >>>>we prefer to stand aside now and wait until a new sign appears
Oil declines, touching the minor support level seen on the graph, while bearish direction becomes weaker according to ADX without any signs of reversal, as moving averages are negative.
Therefore, we prefer to stand aside now and wait until a new sign appears. On the downside, coming below 39.35 will extend the bearishness and will bring bearish pressures.
TRADING >>>>we prefer to stand aside now and wait until a new sign appears