Commodities - WTI Update - November 21, 2017

publication date: Nov 21, 2017

Cerundolo Investment Research    

Commodities Update  

Volume 1, Issue 1
November 21, 2017

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Crude oil continues to trade well as the recent two-week pullback/consolidation phase was well contained and into short-term support of $55. We now have crude starting to emerge from this consolidation and is positioned to move higher with an initial short-target of $58.50 - $58.90. The intermediate to long-term target of $67 is still in play.

Topics and Tickers Discussed: 

Crude, Oil, WTI