WTI Oil Futures Capped by 50-day SMA

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<p>WTI futures bounce off the lower end of the Ichimoku cloud But their rebound is being held down by the 50-day SMA Momentum indicators got rejected before entering bullish territories WTI oil futures (December delivery) had been in a steady advance since their October bottom of 82.10 before experiencing a pullback. Although the commodity managed to halt its […]</p>
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