WTI Seems To Wait For Exact Estimation Of Economic Damage Before Swinging Moves
Satendra Singh | Sep 16, 2017 03:48AM ET
WTI Crude Oil futures price consolidation at current levels seems to be waiting for the announcement of exact estimation of economic damage caused by Hurricane Harvey; and thereafter by Hurricane Irma before swinging moves amid growing concerns over geopolitics.
On analysis of the movement of WTI Crude Oil futures price since the announcement of Crude Oil inventory on September 13th, 2017, I conclude expected propositional trading zones from September 16th, 2017 to September 29th, 2017.
Have a nice trading time. Good luck.
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