IG_TRADER

CRUDE OIL WTI FUTURE SHART POSITION

Short
IG_TRADER Updated   
NYMEX:CLQ2020   Crude Oil Futures (Aug 2020)
INT OR I SHOULD SAY SUPPLY ZONE AT 41.5 THAT CAN TAKE CRUDE OIL DOWN TILL THE MARKED POINT IN THE CHART
Comment:
37.5 IS AA BIG DEMAND ZONE SEEN IN A CHART AND 41.5 IS SUPPLY ZONE FOR NOW IF THERE IS REJECTION FROM 41.5 LEVEL ON THE CHART THEN CRUDE WILL COME UPTO 37.5 AND MORE DOWNSIDE AS WE SAW THAT BEFORE
Trade active:
TRADE WILL BE ACTIVE NEWAR AROUND 41.6
Comment:
38.54 MADE A RECENT LOW

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