ReneDR

Bearish Trigger Hit - Crude now in Bear leg of saw-tooth pattern

TVC:USOIL   CFDs on WTI Crude Oil
1. Bearish Stochastic RSI and RSI triggers have been hit signalling a 2-4 week bearish run.

2. Crude is still range bound in a bullish trading range with an expected range of 48 to 56

3. Still expect Crude to be in the $60 range by early next year. Fundamentals still driving the bullish trading range.
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