WTI crude oil price forecast May 12 2016



Quotes of WTI oil will continue to move in line with expectations and our oil price forecast for tomorrow. At the moment there is a potential for a fall in the framework of the beginning of the descending pattern Wolfe waves. We hold the sale of petroleum of mark WTI with a close stop. Cancellation option of declining oil prices 12 May 2016 will be a strong growth of quotations above the level of 47 dollars per barrel.

WTI crude oil price forecast May 12 2016

WTI crude oil price forecast May 12 2016

Thus, WTI crude oil price forecast May 12 2016 it assumes a drop of WTI oil prices within the beginning of working out a bearish Wolfe wave for the purpose of falling below 41 dollars per barrel.


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