West Texas Intermediate testing major resistance

There is a high probability that WTI will break above the May high of $$72.90. It is in the cards!

West Texas Intermediate Daily Chart

West Texas Intermediate Daily Chart

Reference my last chart analysis for black gold.

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World oil demand and supply

http://www.oilsandsmagazine.com/energy-statistics/world#consumption

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World crude oil production

What are Natural Gas Liquids – NGL

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http://www.oilsandsmagazine.com/energy-statistics/world#consumption

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“Technical Analysis is about enjoying the ride and knowing the exit”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
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