Gap means a runaway in prices or a confirmation of a clean break away from its downtrend line. (Technical)
OPEC-Plus made a surprise announcement to reduce oil production starting May. Unlike OPEC, OPEC-Plus involve many more countries. This signals a synchronise effort to boost crude oil prices. Expect a much higher oil prices to come. (Fundamental)
My recent crude oil videos:
• Crude Oil Outlook - USD106 as major resistance
• Why Crude Oil is Trending Higher Again, Breaking Above US$100
• Correlation - Crude Oil & CPI
• Crude oil a leading inflation indicator
See its link below.
3 types of crude oil for trading:
• Crude Oil Futures
0.01 per barrel = $10.00
Code: CL
• E-mini Crude Oil Futures
0.025 per barrel = $12.50
Code QM
• Micro WTI Crude Oil
0.01 per barrel = $1.00
Code MCL
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com/cme/
OPEC-Plus made a surprise announcement to reduce oil production starting May. Unlike OPEC, OPEC-Plus involve many more countries. This signals a synchronise effort to boost crude oil prices. Expect a much higher oil prices to come. (Fundamental)
My recent crude oil videos:
• Crude Oil Outlook - USD106 as major resistance
• Why Crude Oil is Trending Higher Again, Breaking Above US$100
• Correlation - Crude Oil & CPI
• Crude oil a leading inflation indicator
See its link below.
3 types of crude oil for trading:
• Crude Oil Futures
0.01 per barrel = $10.00
Code: CL
• E-mini Crude Oil Futures
0.025 per barrel = $12.50
Code QM
• Micro WTI Crude Oil
0.01 per barrel = $1.00
Code MCL
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com/cme/
konhow@weipedia.com
