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WTI forms Bollinger Band Squeeze on August 6
WTI posted a 2.77% gain on Thursday, August 6th, accompanied by 1.2× normal trading volume. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 3.24, 3.15 & 3.04, with resistance at 3.45, 3.56 & 3.66.
Current SwingTradeBot Technical Rating of WTI: D
Traders are watching WTI for a reason. See the full signal list.
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