FX & CFD trading involves significant risk
June light sweet crude (WTI) trades down $1.88 at $96.56/bl after holding in a $95.99 to $99.60 range. The front contract (which shifts to July starting Monday) peaked at a 31-month $114.83 May 2 and troughed at $94.63 May 6. WTI rallied to $104.60 May 11, but since then has held a tight $95.02 to $100.99 range. Stops are expected on a clear cut break of the May lows.
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