{"id":52622,"date":"2014-06-11T07:44:34","date_gmt":"2014-06-11T11:44:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=52622"},"modified":"2014-06-11T08:10:26","modified_gmt":"2014-06-11T12:10:26","slug":"hy-markets-news-commodities-reportlight-sweet-crude-oil-wti-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/06\/hy-markets-news-commodities-reportlight-sweet-crude-oil-wti-2\/","title":{"rendered":"HY MARKETS News: Commodities Report:Light Sweet Crude Oil (WTI)"},"content":{"rendered":"<div id=\"inves-3097914261\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 11, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <u><a href=\"http:\/\/bit.ly\/1nb5wuT\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Light Sweet Crude Oil recently reached the resistance level 105.00 that was set as the buy target in our earlier forecast for this instrument. Due to the strength of this resistance level, WTI immediately backed down from 105.00 with the daily Doji.<span id=\"more-4347\"><\/span><\/p>\n<p>WTI correct down to the lower support trendline of the daily up channel from January \u2013 from where WTI is likely to reverse up to the next buy target at 106.00. Alternatively, WTI can rise straight to the buy target 106.00 \u2013 without correcting to the aforementioned support trendline. The nearest price action will show which scenario is more likely.<\/p>\n<p><a href=\"http:\/\/ift.tt\/1uWVDV5\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-4348\" src=\"http:\/\/ift.tt\/1uWVDV5\" alt=\"June11commodities\" width=\"542\" height=\"249\" \/><\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/ift.tt\/1od3oGL\">HY MARKETS News: Commodities Report:Light Sweet Crude Oil (WTI)<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/ift.tt\/L42ObV\">| HY Markets Official blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Light Sweet Crude Oil recently reached the resistance level 105.00 that was set as the buy target in our earlier forecast for this instrument. Due to the strength of this resistance level, WTI immediately backed down from 105.00 with the daily Doji. WTI correct down to the lower support trendline [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-52622","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/52622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=52622"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/52622\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=52622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=52622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=52622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}