Monday, May 30, 2022

WTI Crude Oil - WTI is poised to break out of its 3 months consolidation


WTI is poised to break out of its 3 months consolidation as Shanghai allowed manufacturers to resume operations from June and Beijing's coronavirus outbreak is under control.

WTI will hit 130 when it breaks above 117 and a longer term target of 147 if WTI is able to stay above 130.

All posts and charts are for educational and illustration purposes only
at

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)