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Crude Oil WTI Futures - May 24 (CLK4)

Real-time capital.com
Currency in USD
Disclaimer
85.48
+0.07(+0.08%)
Real-time Data

Crude Oil WTI Futures Discussions

As expected the rebound on the D-1 MA200 was very strong and since the price broke above the H-4 MA50 yesterday, it now sits at the highest level above it since July 30th. The obvious short-term target is the H-4 MA200 at 69.25 and then we'll have to revisit the charts based on the weekly EIA. Technically H-4 turned heavily bullish again (RSI 63.066, MACD 0.410, ADX 37.314) but D-1 remains neutral indicating that a re-test of 61.50 is not unlikely and breaking above the D-1 MA50 (70.30 currently) will be the deciding factor for buyers.
He is not here to trade for you. He provide the technical levels which if met the price can go up or down. There are no guarantees in trading. Grow up.
Thanks Crude Trader
Thanks CT, 69.35 is 0.618 on 1D so it seems likely to test this area, if news and reports favour!
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