WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 23/10/2018 - Trend sideway to lower, watch out for weekly curde oil stock

InvestorsDoctor
Publish date: Tue, 23 Oct 2018, 11:01 AM
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23/10/2018

 
*WTI Crude Oil Dec 18*
 
Previous Close: 69.36 +0.08
 
Crude oil was little changed yesterday. Watch out for API weekly crude oil stock on 430am tomorrow.
 
Hourly chart showed crude oil in sideway to lower trend with lower highs & lows. Fibo expansion pointed next target level at round 66.74.
 
 *Classic Support & Resistance* 
Resistance: 69.90 72.53
Support: 68.46 66.50
 
 *Recommend Trading Plan for the day:* 
1. Sell 69.15, stop 69.34, profit 68.96/68.77.
 
*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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