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Why I'm selling oil: O'Hare

Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading WTI crude oil (US July ’17).


He plans to set shorts at current levels with a target at §46.46/barrel. His stops are $49.82/b or $50.27/b.

O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.

FULL DISCLAIMER
NON-INDEPENDENT INVESTMENT RESEARCH AND RISK WARNING

02:19 minutes
Tags: commodiites, saxobank, saxotradergo, steve ohare first 4 trading, tradingfloor.com, wti crude oil

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