WTI Crude Oil Remains Within Descending Channel

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<p>WTI oil holds beneath 20-day SMA 200-day SMA looks like significant resistance WTI crude oil futures with delivery in February have been developing within a descending channel since the end of September. Currently, the market is holding beneath the 20-day simple moving average (SMA) and near the 72.00 number with strong resistance being the 74.25 [&#8230;]</p>
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