WTI: Bulls Look Ready For An Eruptive Move
Satendra Singh | Mar 22, 2019 04:04AM ET
Since my last analysis, on analysis of the movements of WTI Crude Oil futures, I find that WTI crude oil futures have been constantly maintaining an uptrend since March 15th, 2019. I find that now this consolidation phase has been narrowed inside the upper part of this uptrend zone; which makes the WTI Crude Oil futures more attractive for bulls to move upwarde from the current levels. No doubt that a sustainable move above the level of $62 will result in an eruptive move shortly amid growing volatility.
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