WTI H&S / 6 LIGHT CRUDE OIL FUTURES NYMEX:CL1! Bakou Same general comments as yesterday. We can notice that the recent up-leg topped at the 50% Fib of the large move from 2016/04/05 to 2016/06/09. 20 DMA (blue line) role as a resistance confirmed. Let's observe how this pullback unfolds, as long as it stays above the 200 DMA (orange line).