Better stay in sidelines with WTI
OPEC cuts down production and economies worldwide are re-opening... although there is a bearish divergence on the RSI would not risk taking a position here. Also we see that when the market falls the try to rise oil prices so that petroleum companies do not crash and act as a buffer to the market downturn
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.