WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 28/11/2018 - Watch out for EIA weekly crude inventories
InvestorsDoctor
Publish date: Wed, 28 Nov 2018, 11:15 AM
InvestorsDoctor
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28/11/2018
*WTI Crude Oil Jan 19*
Previous Close: 51.56 -0.07
Oil price steadied on yesterday despite a more to bearish API weekly crude oil stock, watch out for EIA data tonight on 1130pm.
Hourly chart showed 52 level a strong resistance, testing technical rebound from RSI bullish divergence but yet to be confirmed.
*Classic Support & Resistance*
Resistance: 52.38 53.57
Support: 50.10 49.13
*Recommend Trading Plan for the day:*
1. Look for buy signal above 52.38
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4015
Mini Crude : USD 2007.5
Disclaimer: Idea sharing only, trade at your own risk.
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