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acang
Dec 19, 2018 3:31 PM

WTI to bottom at $38 in Jan 2019 Short

West Texas OilOANDA

Description

Looking at the current fundamentals of WTI, it is not hard to notice that even though, in the very short term, price pressure will move the prices back to range between current level of $45-$50, thereafter a strong movement of price to bottom to around $38 level in Jan 2019.

I am seeing strong upward price pressure in 2019 for WTI after hitting the bottom around $38.
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