WTI Futures Bullish But Directional Forces Evaporate

<p>WTI oil futures have stabilized, tiptoeing across the 89.70-90.72 support barrier after a pullback from the near 7½-year high of 93.15. The soaring simple moving averages (SMAs) are safeguarding the broader positive structure despite the minor retreat in the price of the black liquid. The Ichimoku lines suggest guiding forces have fairly dried up, while […]</p>
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