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West Texas Oil
Short
Updated
Sep 16, 2018
WTI Short 16/09
3
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Sep 16, 2018
I'm think of shorting down to 67.8 as we didn't break resistance and see how strong the support is below before making the next decision.
Weekly and Daily support a Short move.
Sep 16, 2018
Note
Trumps sanction on China will reduce demand if it goes through; meaning a lower price of oil.
Hurricane Florence is still in play but slowing down.
Dimerz
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Support and Resistance
Trend Lines
Dimerz
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