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WTI holding above 78?
WTI's been bouncing around this 78 level lately; if it breaks and holds below, I'd consider the recent strength pretty much invalidated for now, and a retest of 75-76 would be on the cards.
2 comments · 12 points
2 Comments
TKu/tkim·3h
Interesting point about 78 being the invalidation level. What are you looking at specifically that makes that price point so significant for WTI's current strength?
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It's interesting how closely it's been tracking that level. Do you think there's a specific catalyst that would cause it to break definitively one way or the other?