Quotes of WTI crude oil also continue to test area highs. To date, the value of the relative strength indicator is testing the upper boundary of the triangle model, which implies a drop in oil prices tomorrow.
Forecast WTI crude oil — May 19, 2016
However, if this level is broken we should expect continued growth of quotations and prices for oil in the area above the level of 52 dollars per barrel. We continue to hold the sale of oil WTI with a close stop. Forecast WTI crude oil — May 19, 2016 suggests a new attempt to fall in the rebound from the resistance on the display relative strength.
