WTI Crude Oil: Breakout May See A Short-Covering Rally Ahead

 | Nov 06, 2017 11:16PM ET


On analysis of the movement of WTI Crude Oil futures price on November 7th, 2017 in the same Chart pattern which I noted in my analysis , I find that the occurrence of a breakout in WTI Crude Oil futures price may result in a Short-Covering Rally ahead amid growing volatility.