WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 18/7/2019 - Testing 56 support and sustain for now, wait for more breakout
InvestorsDoctor
Publish date: Thu, 18 Jul 2019, 11:08 AM
InvestorsDoctor
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18/7/2019
*WTI Crude Oil Sep 19*
Previous Close: 56.92 -0.9
Oil extended its losses yesterday as pressured by weaker stock market, despite EIA showed better weekly stock data.
4H chart showed oil in a wide range 56-61, wait for breakout.
*Classic Support & Resistance*
Resistance: 61 64
Support: 56 51
*Recommend Trading Plan for the day:*
1. Buy 57.03 for rebound, stop 56.90, profit 57.16/57.29/57.42
2. Sell 56.35, stop 56.48, profit 56.22/56.09/55.96
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4015
Mini Crude : USD 2007.50
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More articles on WTI Crude Oil Updates
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Daily Futures Commentaries: [WTI Crude Oil] 18/12/2019 - Watch out for weekly stock data
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Daily Futures Commentaries: [WTI Crude Oil] 17/12/2019 - Watch out for weekly stock data
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