WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 28/5/2019 - Testing rebound from 61.8 Fibo level, watch out 60 resistance level
InvestorsDoctor
Publish date: Tue, 28 May 2019, 10:17 AM
InvestorsDoctor
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28/5/2019
*WTI Crude Oil Jul 19*
Previous Close: 58.63 +0
Oil prices sustain above 59 level during US holiday as tracking recovery in US stock market.
Daily chart showed crude oil holds above 61.8 Fibo retracement level, may trigger some rebound 1st.
*Classic Support & Resistance*
Resistance: 61.56 63.78
Support: 57.33 54.52
*Recommend Trading Plan for the day:*
1. Buy 59.30, stop 59.17, profit 59.43/59.56/59.69
2. Sell 58.80, stop 58.93, profit 58.67/58.54/58.41
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3465
Mini Crude : USD 1732.5
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