WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 16/7/2019 - Continue technical correction from RSI overbought
InvestorsDoctor
Publish date: Tue, 16 Jul 2019, 11:02 AM
InvestorsDoctor
0 1,969
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
16/7/2019
*WTI Crude Oil Aug 19*
Previous Close: 59.58 -0.63
Oil prices fell yesterday on signs that the impact of a tropical storm on US Gulf Coast production and refining would be short-lived. Watch out for API weekly crude oil stock data on 430am tomorrow.
Hourly chart showed crude oil retreated from RSI overbought which is also around 61.8 Fibo retracement level of swing 66.60-50.60, close below 59 to see more technical selling.
*Classic Support & Resistance*
Resistance: 61 62
Support: 58.50 57.30
*Recommend Trading Plan for the day:*
1. Sell 59.17 for technical correction, stop 59.30, profit 59.04/58.91/58.78
2. Buy 59.57, stop 59.44, profit 59.70/59.83/59.96
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4015
Mini Crude : USD 2007.50
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Join our FREE channels to find out more on futures trading !!!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://www.facebook.com/investorsdoctoracademy
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589
More articles on WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 31/12/2019 -Sideway to higher , wait for breakout
Created by InvestorsDoctor | Dec 31, 2019
Daily Futures Commentaries: [WTI Crude Oil] 18/12/2019 - Watch out for weekly stock data
Created by InvestorsDoctor | Dec 18, 2019
Daily Futures Commentaries: [WTI Crude Oil] 17/12/2019 - Watch out for weekly stock data
Created by InvestorsDoctor | Dec 17, 2019
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
https://dividendguy67.blogspot.com
3
4
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
5
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
6
Good Articles to Share
7
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
8
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
