WTI Crude Technical Projection for the Week (07/01)
WTI Crude is in recovery from its low of 42 last December 2018. Target of 54.5~55 is up ahead. We will be waiting for a double bottom at the lows 43~42 for the buyers to have a solid support to push prices higher.
Bullish Scenario, with targets at 54.5 to 55 Bearish Scenario, with targets at 42.64.
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.