Looks like Crude Oil (WTI) will be falling to 60's as it has broken a long term trendline, It depends pretty much on the key support at 64.60 area.
If it breaks I will enter a SHORT, otherwise I am going LONG till 70-s.
Let's see.
If it breaks I will enter a SHORT, otherwise I am going LONG till 70-s.
Let's see.
Trading intraday afterwards as the oil became range-bound. See my latest analysis as it seems there is more downtrend coming and then at 64 define (once again) a direction.