options4people

#WTI : to early to be shorted

NYMEX:CL1!   Light Crude Oil Futures
#WTI is now @ 102,36 and could reach 102 before the end of the session and the same scenario could happen tomorrow till he reaches 100 or something. But the indicators ( RSI 4h is very weak) show us that he could probably come back to 102-103 next week an then come back to 107 or 100. So it's quite early to say that WTI is now starting a down trend due to fundamentals.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out