WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 18/6/2019 - In sideway, wait for more breakout
InvestorsDoctor
Publish date: Tue, 18 Jun 2019, 10:27 AM
InvestorsDoctor
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18/6/2019
*WTI Crude Oil Aug 19*
Previous Close: 52.17 -0.6
Please be noted Jul 19 will be expired on this Thursday 20/6, traders may choose to trade Aug 19 contract. WTI down on yesterday Middle East tension eased. Watch out for API weekly data on 430am tomorrow.
Hourly chart showed crude oil in a sideway 50.79-54.99, wait for breakout.
*Classic Support & Resistance*
Resistance: 53.67 55
Support: 50.79 48.44
*Recommend Trading Plan for the day:*
1. Sell 52, stop 52.13, profit 51.87/51.74/51.61
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3795
Mini Crude : USD 1897.5
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More articles on WTI Crude Oil Updates
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