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Crude OIL another option to consider Due to hurricane..(Option2)
CFDs on WTI Crude Oil
Short
Crude OIL another option to consider Due to hurricane..(Option2)
By ShyamalFx
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Updated
Sep 11, 2017
7
Sep 11, 2017
Hurricane could bring prices lower.
China's Oil Demand Decreases hence Seller's in place atm.
BOC hikes rates for the 2nd time in a row now 0.5 to 0.75 0.75 to 1
Hurricane could affect factoring. There will be more necessary for oil
So prices could be heading up mid term but downside move is essential first.
Trade with care..
Lowest range expected is 18-22
Sep 11, 2017
Note
Trend Analysis
ShyamalFx
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