We've been bearish all last week on WTI, taken shorts on any valid bearish signals and lower highs that were completed.
We expect WTI to head down to the low 80$ mark for the time being.
Technically there is a big bearish breakout pattern on the 1D chart, where a valid breakout occurred followed by a retest, see attached idea.
We continue to remain bearish on WTI and sell any valid sell signals.
We expect WTI to head down to the low 80$ mark for the time being.
Technically there is a big bearish breakout pattern on the 1D chart, where a valid breakout occurred followed by a retest, see attached idea.
We continue to remain bearish on WTI and sell any valid sell signals.
