Technically Bullish, But Protect Your Profits
The indices have crept further into extended territory, and technically remain bullish, but it’s this kind of territory where positions can be vulnerable to very sharp pullbacks, even if they’re temporary in nature.
WTI Crude Oil Weekly Forecast: Early Move Higher Turns Into Stronger Selling
WTI Crude Oil went into the weekend below its starting point from last Monday. The commodity finished the week’s trading near 62.100 while producing a downwards slope on Thursday and Friday.
