CFDs on Crude Oil (WTI)
Short

WTIUSD remains bullish next week.

133
From a fundamental point of view.
The CPI in the United States continued to rise, and the prices of various commodities continued to rise. This is the current basic situation.
So I think WIT will continue to be bullish.


From a technical point of view.
WTIUSD remains in an ascending channel with higher highs.
Judging from the kdj indicator, it is still in an upward trend.
So I think WIT will continue to be bullish next week.

In the short term, 9200 is its support and its resistance is at 9500
So I think, next week I will continue to be bullish.WTIUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.