I think the uptrend on WTI will go on shortly. As you can see from my chart the big uptrend is intact. Also the horizontal line is a major resistance. This is only the opinion if the writer and should not be seen as investment advice.
Comment:
Let's see if WTI comes back into the downtrend. Then it might get to the target where i'd place a buy order. If not, we'll see the ralley continues.
Comment:
WTI has gone on for the ralley... seutp not any longer valid...