elpepe_sand2

WTI is testing the bullish trend.

NYMEX:CL1!   Light Crude Oil Futures
In the midst of a turbulent global economy and in the face of a worldwide recession scenario; light crude oil is testing the bullish trend.
Technically, it is supported by the 200-period moving average, while testing a very strong support located between 95 and 88 USD.
The first key is not to lose 90.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.