WTI Crude (Mind Your Swap, Mind Your Head)

Actualizado
Updated View On WTI Oil (13 APRIL 2020)

Finally, the omen (MAY contract) is over.
It is still under STRONG DOWNTREND.

Please mind the crazy swap that you will need to pay before you open any new trades.

To turn bullish, we need a decent bullish candle and it is not appearing just yet.



DYODD, all the best and read the disclaimer too.
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DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
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Nota
Updated View On WTI Oil (29 APRIL 2020)

Did you take my warning on not-to too rejoice on the OIL output cut?
It was a slaughter and oil(this CFD) dropped from $28 region to $12.

Now it is doing yoyo near $12 as the oil price awaits for FED news tonight.

We may see a minor rebound as it can be considered as too oversold but please keep in mind that the global demand for crude oil is not picking up as long as lockdowns continue.

The demand shall only pick up if the countries start to open up

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Beyond Technical AnalysisForexsonicrmasterysonicrsystemTrend AnalysisCrude Oil WTI

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