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Neon
3 giu 2017 11:40

WTI Roadmap June 2017 

WTI CRUDE OILTVC

Descrizione

Choppy

Commento

That would be 38.2 FIB retrace from the highs in 2013 summer, then most likely downleg to 38 develops into the Fall before a more significant up

Commento

BTW, in order for oil to go up, seems to me a conflict in Mideast is probable. What forecasts what?

Commento

Qatar thing could be a precursor for the conflict, just creeping instability to put premium on the marginal producers in the US

Commento

Volatile again but still higher than the previous low
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