At the end of the day, the WTI crude market has turned into a minor hammer, which of course is a bullish sign.
- The West Texas Intermediate crude oil The market had a wild day during Monday’s trading session, initially dropping to a fresh new low before reversing and showing signs of life.
- There was some manipulation of the market by various outlets, suggesting that OPEC would increase production by 500,000 barrels per day.
- That pushed prices down, but…
