Oil forecast 2025 WTI price trend and stock market signals By Francesco Massetti Posted on 11 February 2025 Condividi su Facebook Condividi su Twitter Condiviso su Google+ Condiviso su Pinterest Condiviso su Linkedin Condiviso su Tumblr Oil Forecast 2025 WTI trend analysis Oil 2025 forecasts WTI price trend in the short and long term using the WD Gann technique Weekly WTI Oil forecast today From the week of 24 March 2023 to the week of 17 January 2025, the dynamics of WTI oil were mixed. The various sudden upward movements had descending tops, while the lows that followed were made in a narrow price range between $67-65. As is partially visible in the picture just above, the various descending tops of the trading range were all contained by the descending 1X8 corner drawn in blue with origin the high of 29 September 2023. The last top made below this vector was during the weekly set-up on 17 January. As can be seen from the picture, the angular resistance rejected for the third time oil’s attempt to re-establish a new bullish phase. The bearish break of the relative low of 17 January, i.e. $76.65, re-established a new corrective trend, which reached a low last week at $70.45, on ascending 1X8 dynamic supports. The week of 14 February 2025 coincides with a new B0rsa signal. The breach of $75.45 will restore a positive sideways trend with first targets area $76.60-$77. The negative breach of $70.15 will indicate the continuation of the corrective action underway with first supports in the $69.35; $68 area. WTI medium term trend WTI monthly In the medium-term time frame, the negative sideways trend is most visible. The various highs were made between the 1X4 and 1X8 descending angle visible with purple and blue vectors. The last expired monthly set-up coincides with the month of January 2025. During this period the oil market made a top on the 1X8 corner at $79.60 and closed at $73.54. In February we witnessed the negative breach of $71.25, setting the stage for a resumption of the medium-term downtrend. Next targets area of $67.70. The positive retracement will have its next obstacles in the area of $75.90; $77.90. Only reaching $81 can re-establish a new positive technical picture for oil in the medium term. WTI price trend quarterly time frame WTI quarterly The long-term trend remains sideways negative. Reaching $65 will turn the trend negative, with first targets in the area of $64.80; $54.55. Resistance in the $81.50 area. The short-term and long-term trend of WTI oil was illustrated using the WD Gann technique and with the help of the Top Trader(c) stock exchange software.
