U.S. crude oil WTI futures closed more than 1.5% higher on Monday (September 9) after Posting their worst weekly performance since October 2023.
"We have lost 400 million barrels of financial demand since the beginning of July, or 7 million barrels of demand per day," said Goldman Sachs 'head of oil research.
West Texas Intermediate (WTI) for October delivery rose $1.04, or more than 1.53%, to settle at $68.71 a barrel on the New York Mercantile Exchange.
Operation suggestion: The US oil daily minimum to 67.58 position after the market pull up, the daily maximum reached the position of 69.25 after the market finishing, the daily line finally closed in the position of 69.08, the daily line with a very long type of hammer line, and after the end of this form, today's market has bullish demand, the point.
Trading strategy: long near 68.2, stop loss 67.6, target 69.25-70.3.
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