WallaceCheung

Weak WTI outlook in next 1-2 months

Short
FOREXCOM:USOIL   CFDs on Crude Oil (WTI)
WTI outlook was negative in next 1-2 months due to: (i) 50MA falling the first time since Mar 2017. Based on historical record, 50MA should fall around 1-2 months before recovery; (ii) double top at US$65; (iii) falling RSI and MACD
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