WTI Price Analysis: Longs are a creeping daily bull trend, $77.70 is key

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WTI Price Analysis: Longs are a creeping daily bull trend, $77.70 is key
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WTI Price Analysis: Longs are a creeping daily bull trend, $77.70 is key Oil WTI Commodities

cted last week, rising only 1,166kbbl. However, US exports of crude hit a record high of 5,629kbbl last week . However, technically, we are running into potentially overbought territory as the following will illustrate:Looking at the weekly template, we can see that we are entering the third day of being up high in the bull trend and a fresh his could constitute for a sell-high opportunity for the sessions ahead.

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