AllTechnical Analysis
logoArgusJuly 22, 2021

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term
Summary

The latest run higher in West Texas Intermediate (WTI) had reached our target with an intraday high of $77 on July 6. That was followed by a sharp reversal, with WTI closing that day at $73.37. Then WTI really got hit on Monday, falling by 7.3% to $66.35, the largest one-day decline since September 2020.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level