WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 4/9/2018 - Back to above 70 during US holiday

InvestorsDoctor
Publish date: Tue, 04 Sep 2018, 10:03 AM
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/
Following Message



4/9/2018

 
*WTI Crude Oil Oct 18*
 
Previous Close: 69.80 +0
 
Oil steadied during US holiday, back to above 70 on the back of Iran sanctions offset OPEC rising supply. US weekly crude oil stock data this week will be released on Thursday 6/9.
 
Hourly chart showed oil retraced from RSI bearish divergence but overall trend remain more to bullish.
 
 *Classic Support & Resistance*
Resistance: 70.50 71.66
Support: 69.53 68.79
 
 *Recommend Trading Plan for the day:*
1. Trade in range 69.50-70.50, wait for breakout.
 
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3410
Mini Crude : USD 1705
 
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
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] 30/12/2019 -More to bullish, above 62 for more upside

Created by InvestorsDoctor | Dec 30, 2019

Daily Futures Commentaries: [WTI Crude Oil] 27/12/2019 -More to bullish, above 62 for more upside

Created by InvestorsDoctor | Dec 27, 2019

Daily Futures Commentaries: [WTI Crude Oil] 26/12/2019 - Resume to rebound stage, close above 61.40 for more upside

Created by InvestorsDoctor | Dec 26, 2019

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

Created by InvestorsDoctor | Dec 24, 2019

Daily Futures Commentaries: [WTI Crude Oil] 23/12/2019 - Testing technical correction, below 60 for more downside

Created by InvestorsDoctor | Dec 23, 2019

Daily Futures Commentaries: [WTI Crude Oil] 20/12/2019 - Higher highs & lows, more to bullish, above 61.40 for more upside

Created by InvestorsDoctor | Dec 20, 2019

Daily Futures Commentaries: [WTI Crude Oil] 19/12/2019 - Higher highs & lows, more to bullish, above 61 for more upside

Created by InvestorsDoctor | Dec 19, 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