US Oil (WTI) Looks Poised to Test Key Trendline Support Drawn from 2012 Low

Technically speaking, with WTI taking out $95.85/90 (last week's low & 61.8% retracement) as well as $95.00 (psychological level) earlier today as well as daily RSI breaking back below 30 and testing its lowest level since June 2012, it potentially sets the stage for a deeper correction next week. While



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