Neutral on WTI in the short to medium term
Technical Analysis: The latest down trend is reaching a key support level which coincides with the decline target from the slanted distribution top formation that triggered it in mid-July. Looking for the price to consolidate over the next month and for the price to start testing the down trend at the $94 level.
Geopolitical Analysis: With the U.S. & allies starting their war on ISIS, we expect conflicting reports to cause an increase in volatility as the price consolidates around its current level.
Geopolitical Analysis: With the U.S. & allies starting their war on ISIS, we expect conflicting reports to cause an increase in volatility as the price consolidates around its current level.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.