Wti oil seems bearish ahead stay cautious . Sugnals are clear. What i sense is bearishmarket. Oil will stabilized itself below 95 in next week.
No need to jump into the trade unless it is your last day. Market give endless opportunities. Monday-Tuesday will be markable day for USDWTI. Support Levels are still maintained 95 and no major buying or selling is seen. Lets take a short 2 day nap and see what wti has to offer for us.
USTECH100 indices started its down this week.. Its under EMA 10. If one is considering to take a trade tomorrow should short USTECH100 near 14700. And wait for the 14250 mark You should consult your advisor before entering into the trade. This is my personal view NOT AN INDICATION FOR ENTERING INTO THE TRADE. LETS SEE TOMORROW IF ANALYSIS SUITS USTECH100 OR...
Recently WTI OIL is trading below its trend line as well as above its support price 99, price is under EMA 10. There is lack of transparency in the direction. The is a bit conjuction in signals from indicators. No trade is currently recommended. If one have opened a fresh long position than strictly keep stop loss at 92 and for the short holder 99 is stop loss....
WTI is been consolidating b/w 99-106 and avoiding volitlty since 3 days. But when you look at chart it clearly state that there is strong support and a trend line i.e helping wti sustain above 99. WHAT DOES CHART SAY FOR TODAY(INTRADAY) WTI can take a small dip again to 99-100 taking support and will sustain above the trend line underlying at 98.5 HOW TO...