Dow Updates
Daily Futures Commentaries: [WTI Crude Oil] 9/10/2018 - Strong rebound from sharp losses, followed stock market recovery
InvestorsDoctor
Publish date: Tue, 09 Oct 2018, 11:05 AM
InvestorsDoctor
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9/10/2018
WTI Crude Oil Nov 18
Previous Close: 74.29 -0.05
Oil recovered from sharp losses and closed in flat yesterday.
Hourly chart showed crude oil in testing rebound after a RSI bullish divergence, break above 75.22 to trigger more upside.
Classic Support & Resistance
Resistance: 75.22 76.90
Support: 72.95 71.47
Recommend Trading Plan for the day:
1. Buy 74.63, stop 74.49, profit 74.77/74.91.
WTI Oil Margin Requirement (per lot)
WTI Crude : USD 3410
Mini Crude : USD 1705
Disclaimer: Idea sharing only, trade at your own risk.
Disclaimer: Idea sharing only, trade at your own risk.
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