WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 4/7/2018 - May become less volatile ahead of US holiday, overall in bullish trend
InvestorsDoctor
Publish date: Wed, 04 Jul 2018, 11:01 AM
InvestorsDoctor
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3/7/2018
*WTI Crude Oil Aug 18*
Previous Close: 74.14 +0.2
Oil ended slightly higher at above 74 despite that API weekly crude oil stock decrease less than previous week.
Daily chart showed a small candle traded within previous range, trend may become weakening ahead of US holiday. Watch out for hourly chart RSI bearish divergence, may drag down price in short term.
*Classic Support & Resistance*
Resistance: 77.83 79.85
Support: 72.20 70.02
*Recommend Trading Plan for the day:*
1. Look for buy signal above 75.27.
2. Look for technical correction sell signal if break below 74.47.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3245
Mini Crude : USD 1622.5
Disclaimer: Idea sharing only, trade at your own risk.
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Since 14th May 2018 (stock market reopened after 509 GE-14), FKLI Futures dropped nearly 200.5 points from high 1876.5 to recent low 1676!
Simple Calculation:
200.5 x RM 50 per index point = RM 10,025 (Potential Profit!)
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Come & Join us on 14th July 2018 from 2PM to 4PM at SI Academy.
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Since 14th May 2018 (stock market reopened after 509 GE-14), FKLI Futures dropped nearly 200.5 points from high 1876.5 to recent low 1676!
Simple Calculation:
200.5 x RM 50 per index point = RM 10,025 (Potential Profit!)
Well, NOW is the time for you to understand more about FKLI Trading!
Come & Join us on 14th July 2018 from 2PM to 4PM at SI Academy.
IDA will discover together with You - What is FKLI............
https://goo.gl/forms/SyxDaLNwkuYagkA02
More articles on WTI Crude Oil Updates
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Created by InvestorsDoctor | Dec 18, 2019
Daily Futures Commentaries: [WTI Crude Oil] 17/12/2019 - Watch out for weekly stock data
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