Wednesday, June 3, 2020
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Technical Analysis – WTI oil futures cautiously positive

WTI oil futures cautiously positive; pullback steers price below 200-SMA. WTI oil futures are leaning towards a positive short-term picture despite penetrating back below the 200-period simple moving average (SMA). The short-term oscillators are confirming a neutral-to-positive outlook unfolding, with the price now breaking back above the 200-period SMA. The RSI’s negative momentum

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