WTI Crude Oil Analysis (Aug 2018)

This will be my views of WTI Crude Oil Aug 2018
Please make sure to read the "update" comment as there will be changes along the way.



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Aug 04
Comment: View On Oil (4 Aug 2018)

Crude is under bullish trend and the long position is still preferred.
It may not go immediate UP but it shall unfold soon.

I am expecting $67 will be a nice place to enter.

Aug 14
Comment: View On Oil(15 Aug 2018)

We have a decent daily bear momentum.
It is in an obvious UP trend but I expect it go to a decent lower level before the possible swing up occurs.
So, for any sell set up, please be very fast to act/react.

The immediate targets are $65.7 and $63.9 level.

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