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Crude Oil WTI Futures - Jan 25 (CLc7)

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74.18 +0.04    +0.05%
02:07:58 - Delayed Data. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Energy
  • Prev. Close: 74.14
  • Open: 74.16
  • Day's Range: 74.05 - 74.18
Crude Oil WTI 74.18 +0.04 +0.05%

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Crude Oil WTI Futures Discussions

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Noman Abdullah
Noman Abdullah 5 minutes ago
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Theres a news china will attack on taiwan in early june
Fedlimid Shevon
Fedlimid Shevon 9 minutes ago
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go up..
Thacher White
ThacherWhite 11 minutes ago
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Bearish Data 1. Biden releasing 1mb of gasoline from SPR to lower price before memorial day. 2. Builds across all inventory. 3. Tanker market cooler 4. Spot market for European cooled because of lack of demand 5. Over production by Russia and Increase in exports from Saudi. 6. Talks of rates being stead and change of tone by fed speakers where they mentioned the possibility of rising rates if Inflation stays high. 7. Falling China's crude imports in recent months. Bullish Data 1. America's peak driving season begins from Monday - Memorial Day. USA gasoline accounts for 9% of global crude use. But we won't see immediate impact from recent price. As spr relase will lower market price first and in second half we will see market tightening. 2. Elnina - 5-7 Hurricanes are expected but until production is impacted in real, we won't see any rally in crude price because of it. Same goes for Canada's oil fields fire. Conclusion - Looking at all the above factors and price action,
Thacher White
ThacherWhite 9 minutes ago
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selling is more preferable for now. We can see market being sideways choppy to trending down till levels - 76.10sszone, 74.83 and 74.35 zone. SL 78.16
Aloysius Ashu
Aloysius Ashu 16 minutes ago
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sell
Grisha Para
Grisha Para 24 minutes ago
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In a perfect scenario for the optimal entery, if you're Bullish for today. Is if price drops lower, manipulates and sweeps liquidity before it heads higher on the lower timeframes.
Happy Trader
Happy_Trader 31 minutes ago
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Went long, maybe we can see 78$ by London session, 76 as SL
Happy Trader
Happy_Trader 39 minutes ago
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Good price for long ?
Quantum Power
Quantum Power 37 minutes ago
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Time will show )
Happy Trader
Happy_Trader 34 minutes ago
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Quantum Power yeah, I see Fridays boring for Oil, not much movement, limited range
Fajar Sepdiantoro
Fajar Sepdiantoro 42 minutes ago
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Buy now Full Margin
Piyush Choudhary
Piyush Choudhary 50 minutes ago
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buy crude spot76.70 with 76closing hourly candle sl, buy mcx crude also as per spot level, mcx cmp is6505. Hold all position for for 79 and more target within 3-4 trading days. Jai Hind
Grisha Para
Grisha Para 50 minutes ago
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GM all, the only imbalance I can spot on this down move from yesterday is a FVG at 77.77 - 77.87 right under the recent BreakerBlock. Which makes me believe that price might look to revisit this level before we go lower. I don't expect much of a move, judging by the news events, I suspect mainly consolidation today. On the low side I expect price to drop to 75.20 - 74.80 since there's a FVG right above a BreakerBlock that still haven't been filled, but I would be surprised if we get to it today. Possibly in the near future that would be a target to mark down. Good luck 👍
Quantum Power
Quantum Power 47 minutes ago
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Thanks, I agree with you. And 75 is already fairly close. My guess is that it will recover to 79 or 80 soon. It was supposed to do this yesterday, but got hammered by the rate cut news selloff
Grisha Para
Grisha Para 39 minutes ago
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There was an imbalance at 78.40 - 78.60 that I suspected would be tested two days ago. If you remember I commented on one of your posts. That FVG under the recent down wasn't filled and tested properly. But now it has been. A move to 80 and above would switch my bias to bullish and bring on a target of 83
Quantum Power
Quantum Power 34 minutes ago
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Yes thanks it's interesting, never thought about FVG impact. But you were right.
 
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