WTI futures retreat after hitting 2-month high Violate 200-day SMA but 61.8% Fibo pauses decline Momentum indicators weaken but remain positive WTI oil futures (March delivery) had been staging a comeback from the December bottom of 68.00, jumping above both the 50- and 200-day simple moving averages (SMAs). However, the advance got rejected a tad below the 50.0% Fibonacci […]
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