WTI Oil Turns Down, But 2020 Trendline Feeds Hopes

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<p>WTI oil futures driven by bears Will the 2020 bar block the way down? WTI oil futures reversed their post-CPI increase above the 200-day SMA, dropping immediately after reaching a high of 79.77 on Tuesday. The RSI and the MACD have resumed their negative slope in the bearish area, signaling more depressing sessions ahead. But the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527698-wti-oil-turns-down-but-2020-trendline-feeds-hopes/">WTI Oil Turns Down, But 2020 Trendline Feeds Hopes</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>