WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 27/9/2018 - Bearish EIA data weighed down price, but recovered losses this morning
InvestorsDoctor
Publish date: Thu, 27 Sep 2018, 10:17 AM
InvestorsDoctor
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27/9/2018
*WTI Crude Oil Nov 18*
Previous Close: 71.57 -0.71
Oil fell to below 72 yesterday after EIA showed a surprise build in weekly crude oil stock, but managed to recover its losses this morning.
Daily & hourly charts showed crude oil remains more to bullish, close above 72.78 to trigger further upside.
*Classic Support & Resistance*
Resistance: 74.26 75.27
Support: 71.48 69.98
*Recommend Trading Plan for the day:*
1. Look for buy signal above 72.78.
2. Look for technical correction sell signal below 72.33.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3410
Mini Crude : USD 1705
Disclaimer: Idea sharing only, trade at your own risk.
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