WTI Roadmap May 2017
Atualizado
Weak corrective move
Nota
In any way, low 50s is achievable in the summer, to make another lower high at leastNota
Essentially, the reflation wave then implies sharp moves up while in between prolonged consolidationNota
First upleg was 4 months Feb 2016-May 2016, followed by many months now of consolidation in a rangeNota
47 was reclaimed which is goodNota
Solid uptick todayNota
Working quite nicely. Lets see next week with Opec and IranNota
Net spec positioning is neutral, has been cut down significantly
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