WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 9/5/2019 - In correction stage, below 60 for more downside
InvestorsDoctor
Publish date: Thu, 09 May 2019, 11:16 AM
InvestorsDoctor
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9/5/2019
*WTI Crude Oil Jun 19*
Previous Close: 62.02 +0.62
Crude oil gained 1% on yesterday as boosted by bullish weekly crude oil stock as reported by EIA, yet upside was limited by escalating US-China trade tensions.
4H chart showed crude oil enter a sideway 60-63, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 62.95 64.75
Support: 60.04 57.74
*Recommend Trading Plan for the day:*
1. Sell 61.47, stop 61.62, profit 61.32/61.17
2. Buy 61.73, stop 61.58, profit 61.88/62.03
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3150
Mini Crude : USD 1575
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More articles on WTI Crude Oil Updates
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