West Texas Intermediate testing support at $43

Near-term downtrend for crude and testing support at $43 which is near the 200 day moving average.

WTI Crude Daily Chart

Reference my last post on crude dated October 19, 2016: https://tradeonline.ca/2016/10/19/intermediate-near-term-uptrend-wti/


“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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