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WTI Light Crude: Forecast February 15, 2013

Published 02/17/2013, 03:23 AM
Updated 07/09/2023, 06:31 AM
WTI Light Crude

Latest comments

Thanks for the prompt reply jason.
Feb 15th analysis worked right on the money jason. We have scaled into longs at 95.80, hoping to see a run till 98/98.20. Btw do you think the recent accident at the iraqi oil fields will add support to WTI. Also awaiting your take on this week's view on WTI.
Hi Raj, thank you for your message. I think we can get a very short term bounce so good luck with your longs. I am looking for a move towards resistance at 96.17, possibly 96.54 above. If we push higher we expect a high at 96.90/97.00, & are looking to sell in to shorts here with a stop above 97.50. I have no clue if the accident will help!!! Good luck.
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