The WTI crude oil futures contract has stalled at major resistance and could reverse in the coming weeks, ending the uptrend that started in 2016. That would surprise market watchers, given steady buying interest generated by supply disruption fears in reaction to renewed Iranian sanctions. A downturn may also indicate that growing supply is finally exceeding demand at the same time that many economists are forecasting a worldwide slowdown. Initial downside won't cause much pain, with the contract trading above long-term moving averages for the first time since 2014. Those support levels suggest that a decline will ... (full story)