Highlights

WTI Crude Oil Updates

Author: InvestorsDoctor   |   Latest post: Tue, 31 Dec 2019, 12:23 PM

 

Daily Futures Commentaries: [WTI Crude Oil] 24/12/2019 - Testing technical correction, below 60 for more downside

Author:   |    Publish date:





24/12/2019
 
*WTI Crude Oil Feb 20*
 
Previous Close: 60.52 +0.08
 
Oil prices were little changed yesterday as Russia said an OPEC may consider easing output cuts next year. Watch out for API weekly crude oil stock data on 530am tomorrow.
 
Hourly chart testing technical correction, close below 60 to trigger more downside.
 
 *Classic Support & Resistance* 
Resistance: 60.80 61.40
Support: 60 59.70
 
 *Recommend Trading Plan for the day:* 
1. Sell 60.50, stop 60.63, profit 60.37/60.24/60.11
2. Buy 60.78, stop 60.65, profit 60.91/61.04/61.17
 
*WTI Oil Margin Requirement (per lot)* 
WTI Crude : USD 4125
Mini Crude : USD 2062.50
 
Disclaimer: For idea sharing only, trade at your own risk
 
JOIN US to discover more about FUTURES TRADING !!!
 
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Telegram link: 
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589
Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

126  454  417  1213 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HIBISCS 0.435+0.005 
 SAPNRG 0.095+0.005 
 ARMADA 0.16-0.005 
 VELESTO 0.16-0.005 
 ALAM 0.07-0.005 
 KNM 0.140.00 
 PERDANA 0.165-0.01 
 SERBADK-WA 0.24-0.01 
 DAYANG 1.32-0.03 
 SANICHI 0.0450.00 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers