WTI Crude Oil Evening Analysis 02 Jan 2020

Further Advance

Our Pivot:60.24

Our Preference: Buy above 60.82 with strict stop loss of 60.24 and target at 61.92 and 62.42.

Alternate Scenario: Downward penetration of 60.24 will call for 59.51.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.