Commodities - Bullish outlook for WTI Crude Oil

publication date: Nov 18, 2020

WTI has formed a bullish Money Flow Unit (MFU) off the recent low with an initial target at $45 followed by an intermediate-term target at $50. The XOP is one way of play this bullish setup, and we get an initial target of $60.50, +15% from here.

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