9 Mar 2017, the price broke the final support level (based on S-Trader Trend Tracker) USD50.22 and closed at USD49.28. Thereafter, the price kept trending downward.
Here is a daily chart of West Texas Intermediate (WTI) Crude Oil latest price action.
Will the price action decline more ?
Here is a weekly chart of WTI Crude Oil.
Source :
1) Metastock
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