{video}WTI crude oil futures with delivery in February have been developing within a descending channel since the end of September. Currently, the market is holding beneath the 20-day simple moving average (SMA) and near the 72.00 number with strong resistance being the 74.25 barrier as well. The MACD oscillator is travelling above its trigger line in the negative region, while the RSI is moving horizontally beneath the neutral threshold of 50. Both indicate a weakening momentum in price and only a move towards their positive territories may show some signs for recovery. In case the price jumps above the 74.25 ... (full story)