WTI Movement next week
Prediction WTI next 3 days
Depends on price 72.52. If its break long position to 74.30.
If not short position towards 68.45
Based on EIA Report & Cushing inventory.
Reason for long movement: RSI above 50 & price is still above ma50 & 100. Rig count +7
Reason for short movement: RSI is near Overbought area & downward momentum prevail.
Depends on price 72.52. If its break long position to 74.30.
If not short position towards 68.45
Based on EIA Report & Cushing inventory.
Reason for long movement: RSI above 50 & price is still above ma50 & 100. Rig count +7
Reason for short movement: RSI is near Overbought area & downward momentum prevail.
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