WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 1/11/2018 - Sideway to lower but be cautious of potential RSI bullish divergence
InvestorsDoctor
Publish date: Thu, 01 Nov 2018, 10:32 AM
InvestorsDoctor
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1/11/2018
*WTI Crude Oil Dec 18*
Previous Close: 65.31 -0.87
Crude dropped more than 1% yesterday after EIA showed rising inventories and upside was limited by trade war concerns.
Hourly chart formed a sideway to lower trend but watch out for potential RSI bullish divergence.
*Classic Support & Resistance*
Resistance: 65.84 67 67.95
Support: 64.43 63.59 61.81
*Recommend Trading Plan for the day:*
1. Look for technical rebound buy signal above 65.27.
2. Look for sell signal below 64.80.
*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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