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Wednesday, 21 March 2018

Light Crude Oil (WTI Oil): 21 March 2018, Wednesday, 12.45am Singapore Time

Light Crude Oil (WTI Oil): 
21 March 2018, Wednesday, 12.45am Singapore Time
(Click on Technical Chart above to Expand)

Attached above is the technicals for International Light Crude Oil (WTI Oil). My live trade addition of longs on 5th March 2018 at $61.80 is deeply in the money now (refer to previous live technical analysis in my analysis site before prices moved). The yellow circled regions show how the eruption up in crude oil could be expected and the regions in pink show how any selling was deeply absorbed by the smart monies in the market for the past few days. The upside is high and continues to be high for crude oil. Bullish Bias. Add Buys at $63.676.

The Donovan Norfolk Technical Rating for Crude Oil:

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