Short Term/Long Term view on WTI
Short Term: Slower portions of momentum indicators bearish, see RSI below 50, Snap Indicator single line above 0. Also, descending triangle which breakout bearishly approx 66% of the time.
Long Term: Price activity over past month contained in long-term bullish channel. Price currently against resistance, with indicators showing ongoing or incoming reversal signals.
Long Term: Price activity over past month contained in long-term bullish channel. Price currently against resistance, with indicators showing ongoing or incoming reversal signals.
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