Crude Oil Price Forecast Crude oil markets grind a bit higher on Monday
From fxempire.com
Crude oil markets rallied a bit during the day on Monday, but quite frankly they are heading towards significant resistance above that should continue to come into play. With that in mind Im looking for Shorty opportunities given enough time. The WTI Crude Oil market rallied a bit during the trading session on Monday, reaching towards the 50 day EMA before pulling back a bit. At this point, its very likely that the market is likely to continue to see plenty of selling pressure above and send this market to the downside, as things have been so negative as of late. I do believe that ultimately though we will find ...
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