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Thursday 25 May 2017

WTI Crude Oil - Update 25 May

Daily chart of West Texas Intermediate (WTI) Crude Oil.

Finally, it pushed thru' the final daily S-Trader Trend Tracker resistance level on 23 May and closed at $51.47 with slightly below average volume.

Yesterday's volume came in stronger than the last 2 days but the price action failed to close above its intraday mid-point. Yet to see strong market participation for uptrend movement.

Look for strong volume and price action to continue its upward momentum.


Source :
1) Metastock

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