WTI: higher

Long term: quiet

On a yearly basis, a bullish parallel is in progress.

On a quarterly basis, our MACD is the leading indicator.

On a monthly basis, UM / LM spread is above a reference one. TAM tools are neutral.

Idea: use our monthly stochastic as a leading indicator

Bet: UM is our main resistance.

R= UM (106.75);   S= MM (93.51)

Medium term: flat

On a weekly basis, Bollinger Bands spread is a reference one. TAM tools are neutral.

Idea: use our stochastic as a leading indicator

Bet UW is a strong resistance:

R= UW (97.43);     S = MW (90.38)

Short term: type III in progress

On a daily basis, a bullish parallel pattern is in progress.

Idea: use parallel rules

Bet: higher.
R= UW (97.43); S= MD (93.02)

Conclusion: higher.

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