Weak WTI outlook in next 1-2 months

9 באפר׳ 2018

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