WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 17/7/2018 - Slump more than 4% on supply concerns

InvestorsDoctor
Publish date: Tue, 17 Jul 2018, 11:11 AM
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/




17/7/2018

 
*WTI Crude Oil Sept 18*
 
Previous Close: 67.07 -2.46
 
Oil slumped more than 4% yesterday as Libya reopen their ports and traders eyed potential supply increases by Russia and OPEC. Watch out for API weekly crude oil stock at 430am tomorrow.
 
Daily chart showed crude oil closed below middle line of BB, may trigger more correction while hourly chart showed technical rebound from RSI oversold.
 
 *Classic Support & Resistance*
Resistance: 68.03 68.84
Support: 66.70 65.75
 
 *Recommend Trading Plan for the day:*
1. Look for buy signal above 67.42.
2. Look for sell signal below 66.70.
 
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3245
Mini Crude : USD 1622.5
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Join our channels to find out more!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link: https://m.facebook.com/investorsdoctoracademy




[Free English Seminar]

期货&原产品投资交易- 赌博?高风险投资?需要大笔资金?

Futures & Commodities Trading - Gambling? High Risk? Require Big Capital?

不对!如果您一直以来有这样的想法,是时候让IDA 破解您对期货交易的迷思和误解!

NO! Time to Crack All The Myths of Trading Commodities Futures!

Myth 1: Trading is all about making Fash-Cash!
Myth 2: You must have perfect timing to pick highs & lows.
Myth 3: You need a lot of money to start strading.
Myth 4: You must know what will happen next.
Myth 5: You can only make money in trending markets or 'easy' market conditions etc............
More articles on WTI Crude Oil Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment