WTI crude oil futures made a notable attempt to surpass the medium-term descending channel and the bearish crossover within the 40- and the 200-day simple moving averages (SMAs). Currently, the momentum is weak but if the price remains above those crucial lines, the bullish structure may be confirmed. Technically, the MACD oscillator is rising in […]
The post WTI Futures Jump Higher, Surpassing 200-day SMA appeared first on Action Forex.
Veteran strategist Tom Lee believes the stock market can still rally sharply, despite the risk of a major drawdown in the back half of the year. The Fundstrat co-founder believes the recent market choppiness has Read more…
The International Energy Agency (IEA) made itself a prime time slot just after the market opening this morning, declaring that its members would release 400 million barrels amid the ongoing conflict in Iran. The proposed Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Ready to tackle the spring cleaning Read more…