WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 27/6/2019 - More to bullish as supported by lower than expected inventory
InvestorsDoctor
Publish date: Thu, 27 Jun 2019, 10:52 AM
InvestorsDoctor
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27/6/2019
*WTI Crude Oil Aug 19*
Previous Close: 59.38 +1.55
WTI rose more than 2% yesterday as boosted by larger than expected draw in weekly crude oil stock.
Hourly chart formed higher highs & lows, more to bullish, but be cautious of potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 59.93 61.27
Support: 58.65 56.63
*Recommend Trading Plan for the day:*
1. Trade in range 58.60-60
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4015
Mini Crude : USD 2007.50
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