LEONES

Time to sell the WTI crude again

Short
NYMEX:CLM2013   Crude Oil Futures (Jun 2013)
4
Crude is in downtrend. A bottom has been posted on the 18 April (85.90) followed by nice retracement that has taken the price into a confluence of median and parallel lines (Monday, 29 April). A high close on Monday followed by a cross of the 20MA in the opposite direction on Tuesday would be a confirmation that the downtrend is resumed. Entry point at 91.00 or higher with a target around 87.00.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.