WTI Crude Oil Updates
25 Oct - WTI Oil, Waiting for Breakout
InvestorsDoctor
Publish date: Wed, 25 Oct 2017, 05:30 PM
InvestorsDoctor
0 1,969
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
25/10/2017
WTI Crude Oil Dec 17
Yesterday Close: 52.47 +0.57
Oil prices rose in volatile trade yesterday, after Saudi energy minister said the focus remained on reducing oil stocks. Despite API weekly report show crude oil stocks slightly below forecast, but gasoline stocks down sharply, better than forecast, supported the oil price.
Based on hourly chart Fibo analysis, oil price retest critical resistance 6.854 Fibo level, with technical indicators show slightly bullish. Wait for confirmation of bull breakout if able to close above 52.65 previous high.
Price Level to monitor today:
Support: 51.55 50.88
Resistance 52.65 53.11
Recommended Trading Plan Today:
1. Sell 52.35, stop 52.48, profit 52.22/52.02
2. If expect price cannot close above 52.65, Sell 52.55-52.65, stop 52.73
3. Watch out for any buy confirmation signal
WTI Oil Margin Requirement (per lot)
WTI Crude : USD 2475
Mini Crude : USD 1237.50
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
More articles on WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 31/12/2019 -Sideway to higher , wait for breakout
Created by InvestorsDoctor | Dec 31, 2019
Daily Futures Commentaries: [WTI Crude Oil] 18/12/2019 - Watch out for weekly stock data
Created by InvestorsDoctor | Dec 18, 2019
Daily Futures Commentaries: [WTI Crude Oil] 17/12/2019 - Watch out for weekly stock data
Created by InvestorsDoctor | Dec 17, 2019
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
2
4
bearisking
5
6
save malaysia!
7
HLBank Research Highlights
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
