Jason Rogers
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WTI Crude Oil Price Forecast: Faltering Below Price Resistance Raises Sub-$40 Fears
The price of WTI Crude Oil (CFD: USOil) traded at its lowest levels in two months this week as the Crude rally looks less sustainable than the equity rally that recently saw the SPX500 reach lifetime highs this week.
Past performance is not necessarily indicative of future results.
For complete technical analysis, see Tyler Yell's article today on DailyFX.com
The price of WTI Crude Oil (CFD: USOil) traded at its lowest levels in two months this week as the Crude rally looks less sustainable than the equity rally that recently saw the SPX500 reach lifetime highs this week.
Past performance is not necessarily indicative of future results.
For complete technical analysis, see Tyler Yell's article today on DailyFX.com