WTI Crude Making A Recovery Above 6395/6405
Jason Sen | Jan 15, 2018 05:25AM ET
WTI Crude making a recovery above 6395/6405 to target the 6470/80 resistance. If we continue higher this week look for 6510/15 then 6550/70.
Below 6390 risks a slide to good support at 6350/40 before Friday's low at 6306. The downside is expected to be limited again but below here look for a buying opportunity at 6270/60 with a low for the day likely. Try longs with stops below 6220. A break below 6200 however risks a slide as far as a buying opportunity at 6140/30.
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