WTI Oil Futures Falter But Still Supported:

WTI oil futures (August delivery) turned red after failing to close above the 20-day simple moving average (SMA) and the 50% Fibonacci retracement of the $ 130.50 – $ 92.19 downfall at $ 111.35 / barrel on Wednesday. The latest pullback could gain new legs as the RSI has slid back below its 50 neutral mark and the MACD remains…

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