Technical Analysis of WTI Crude Oil
That West Texas Intermediate Crude Oil Market proved resilient during Tuesday’s session as the 50-day EMA crosses through the current candlestick. At this point, it looks like the market might try to reach the 200-day EMA, just below $92. This would show it quite a bit of strength and could usher in the next bullish market. On the downside, we might see a move back to the $82.50 level before we…
