WTI Crude: Try Longs With Stops Below 6170
Jason Sen | Jan 10, 2018 05:08AM ET
WTI Crude sustained break above 6260 was another buy signal in the bull trend initially targeting 6300/05 and 6370/80. Further gains are likely to 6400/10, 6470/80, 6510/15 then 6550/70.
Below 6290 risks a slide to important support at 6260/50. If we continue lower the last line of defence for bulls is at 6210/6200. Try longs with stops below 6170.
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