WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 25/6/2019 - Entered short term sideway, watch out for weekly crude oil stock
InvestorsDoctor
Publish date: Tue, 25 Jun 2019, 10:25 AM
InvestorsDoctor
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25/6/2019
*WTI Crude Oil Aug 19*
Previous Close: 57.90 +0.47
WTI prices were mixed yesterday as market stay cautious about a possible conflict between US & Iran. Watch out for API weekly data on 430am tomorrow.
Crude oil entered short term sideway around 56-59, wait for breakout.
*Classic Support & Resistance*
Resistance: 59.70 61.27
Support: 56.63 55.24
*Recommend Trading Plan for the day:*
1. Look for buy signal above 58.22
2. Sell 57.62, stop 57.75, profit 57.49/57.36/57.23
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4015
Mini Crude : USD 2007.50
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