Technical Analysis of WTI Crude Oil
That West Texas Intermediate Crude Oil Market pulled back somewhat in the early hours of Wednesday morning but now it looks like the market is trying to break higher, maybe even trying to break out of the short-term range we have been stuck in. I think that’s more likely than not continuing to be very loud as the 50-day EMA is just above it. If we can break above there, then the next target could be the 200-day EMA, which would also fill the gap…
