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Tuesday, 28 February 2017

WTI Crude Oil - What's Next

Here is a daily chart example of West Texas Intermediate (WTI) Crude Oil.

 

Last few days, the price has tested USD54.65 level several times but failed to close above it.

Will the price action able to break above it in the near future ?
If it breaks it, will it be a new uptrend phase ?



Note : S-Trader Trend Tracker is a newly developed proprietary indicator.



Source :
1) Metastock