WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 18/1/2019 - Continue in sideway, watch out for IEA monthly report

InvestorsDoctor
Publish date: Fri, 18 Jan 2019, 11:45 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



18/1/2019

*WTI Crude Oil Mar 19*

Previous Close: 52.36 -0.25

Please be noted that Feb 19 contract will be expired on 22/1, traders may choose to trade Mar 19 contract. Oil price steadied after OPEC monthly report sharply cut production in Dec 18 and supported by a rebound in US stock market. Watch out for IEA monthly report on 5pm today & US oil rig count on 2am tomorrow.

Hourly chart showed crude oil continue to trade in range 50.66-53.61 while technical indicators also more to neutral, wait for more breakout

*Classic Support & Resistance*
Resistance: 53.61 54.98
Support: 50.66 49.26

*Recommend Trading Plan for the day:*
1. Buy 53.05, stop 52.88, profit 53.22/53.39/53.56.

*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4702.5
Mini Crude : USD 2350.7

Disclaimer: Idea sharing only, trade at your own risk.

Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!

https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg

Join our FREE channels to find out more on futures trading !!!

Telegram link:
https://t.me/investorsdoctoracademy

Facebook link:
https://m.facebook.com/investorsdoctoracademy

Or reach out to our contact number +601153537589

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 2 of 2 comments

2fast4u

thanks for sharing on wti

2019-01-18 11:54

InvestorsDoctor

Hi @2fast4u !! thanks for the support too!! just feel free to reach out to us so we can exchange more insights on WTI

2019-01-22 10:02

Post a Comment