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O'Hare: Short-term selling WTI despite Saudi agreement

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WTI will flow lower according to Steve O'Hare who sees a negative trend lower in an Expanding Wedge pattern as a signal for prices to fall. 

Steve outlines his trade strategy and says "From a short term intraday perspective we look to sell into the top of the wedge today around the high of the last 2 days of $42.75."

Targets: USD 40.50  
              USD 39.85
              USD 37.75

Stop: USD 43.25