WTI

WTI CRUDE OIL has retreated to a very important area.The 200-period average is passing through the 72.50 area in the weekly time frame. We had previously stated that it would retreat to this level. Although there are violations in this area, a well-timed buy entry can provide serious profits. Support: 72.49 - Resistance: 76.41 - 80.15 – 82.01