FOR MAY 13 - 17 WTI (LONG) IN A TIGHT CONSOLIDATION

BIAS STILL ON THE UPSIDE. PRICE HAS BEEN RESPECTING THE DYNAMIC SUPPORT (60.51). MA200 (60.52) WILL BE THE IMMEDIATE SUPPORT ONCE MA50 IS BROKEN. BUT WHEN IT BREAKS THE TIGHT CONSOLIDATION ON THE UPSIDE, POSSIBLE TARGET WILL BE AROUND 116 PIPS OR 373 PIPS.