WTI Crude: Daily Forecast, Chart, Comment & Recap with Trade Suggestion from Analyst, Jason Sen – DayTradeIdeas

 

Technical Analyst Jason Sen

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Longs need tight stops below 5550 to target strong support at 5505/5495. By this stage we should be getting oversold in a bull trend, so try longs with stops below 5450.

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JASON SEN
Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.