ShyamalFx

Crude OIL another option to consider Due to hurricane..(Option2)

Short
ShyamalFx Updated   
TVC:USOIL   CFDs on WTI Crude Oil

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
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