WTI Crude (CL) Nearing Key 60 Level Ahead of Wkly Inventory

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WTI Crude (CL) is pushing higher ahead of today's highly anticipated weekly inventory numbers at 1030am EST. Significantly, CL is nearing 60 and could make a final push higher post-inventory before bumping into this psychologically key whole figure level which coincides roughly with downtrend/descending wedge/downchannel resistance (on the daily chart) and the 61.8% Fib retrace of the recent 66-51 slide....Click hereto read the full analysis of this market as well as on Silver, Arabica Coffee

WTI Crude (CL) Weekly/Daily/4hr

CL (WTI Crude) Technical Analysis

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