WTI continued to rise sharply last week and is becomingly clear it has resumed a strong bullish trend.
However, we will still continue to observe resistance at supply level 79.9 to 81.3 as it may still provide strong selling.
This week, we will wait for a pullback towards 77.3 to look for a buying opportunity.
However, we will still continue to observe resistance at supply level 79.9 to 81.3 as it may still provide strong selling.
This week, we will wait for a pullback towards 77.3 to look for a buying opportunity.
