- &nbsp;&nbsp;ETA WTI inventories have decreased, and the market expects that improved terms of trade will increase WTI demand, showing that there is a good long opportunity for WTI.&nbsp;
- Technically, the 20 MA is &nbsp;above the other lines, and the price is advancing over all the MA lines. This signal shows that there is an increasing trend for WTI. From RSI indicator, there could be a short-term correction, and then the price would rise steadily.&nbsp;
- According to the increasing trend and the previous support and resistance point, the long strategy is as following.&nbsp;
Entry: &nbsp;60.394
T/P: 62.600
S/L: 58.251&nbsp;

WTI long position opportunity

Dec 01 2020

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