WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 13/5/2019 - Trade war tensions remain, but oil in sideway 60-63
InvestorsDoctor
Publish date: Mon, 13 May 2019, 10:43 AM
InvestorsDoctor
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13/5/2019
*WTI Crude Oil Jun 19*
Previous Close: 61.66 -0.04
Crude was steady on last Friday but lower this morning after a resurfaced US-China trade tensions.
Hourly chart showed a sideway from 60-63, wait for breakout.
*Classic Support & Resistance*
Resistance: 62.95 64.75
Support: 60.92 60.04
*Recommend Trading Plan for the day:*
1. Sell 61.50, stop 61.63, profit 61.37/61.24
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3150
Mini Crude : USD 1575
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