CFD Petrolio WTI
Long

WTI CRUDE OIL short term buy but new Low in April

391
WTI Crude Oil is having the worst 3 day selling streak of the year, getting rejected on the 1day MA50.

The 1day RSI got oversold and should cause a short-term rebound, which is what happened on the oversold Lows of December 9th and September 26th.

We are short term bullish near the 1day MA50, Target A 73.50 and long term bearish, Target B 61.00 (bottom of Channel Down on a -25% decline).


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