WTI is trading in sideway since the short squeeze.
The congestion phase continues, but if WTI pop above 46, we could see some stop triggered and a little rally toward 48.
This is a short term play, however, I still think WTI should rally at 50 before the end of the year.
The congestion phase continues, but if WTI pop above 46, we could see some stop triggered and a little rally toward 48.
This is a short term play, however, I still think WTI should rally at 50 before the end of the year.
