Crude Oil Prices Resilient Despite Reversal Signal as Retail Traders Turn Bearish - DailyFX
5/23/2022 12:00:00 AM2 years 11 months ago
by Daniel Dubrovsky
by Daniel Dubrovsky
Crude oil prices continue to consolidate despite a reversal warning sign. However, retail traders recently turned bearish on WTI. Will this send energy prices higher instead?
Crude Oil, WTI, IG Client Sentiment, Technical Analysis - Talking Points:
- WTI crude oil remains resilient despite bearish technical signal
- This is as the rising trendline from late 2… [+1971 chars] full article...