Crude Oil (WTI) Is On A Slippery Slope - 5/11/2017
Crude Oil is sitting right where the resistance is i.e. 48. Now the path from 48 to 50 may not be in a straight line. Based on the price action, we are considering a quick short in this resistance zone if we get a good spike without any reason. Our short interest points have been highlighted with red lines on the chart. Oil has casted a broad range between 40 and 60, so play as it fits.
