WTI Crude Oil
For the fourth week running, WTI Crude Oil made its highest weekly close in 7 years last week and printed a relatively large bullish candlestick which looks healthy. The price closed within the top quarter of the candlestick’s range, suggesting a further rise to come despite OPEC’s continued production increases. There are bullish signs, and I continue to see WTI Crude Oil as an interesting buy.
For the fourth week running, WTI Crude Oil made its highest weekly close in 7 years last week and printed a relatively large bullish candlestick which looks healthy. The price closed within the top quarter of the candlestick’s range, suggesting a further rise to come despite OPEC’s continued production increases. There are bullish signs, and I continue to see WTI Crude Oil as an interesting buy.