WTI Crude Oil Evening Analysis 17 Dec 2019

Further Advance

Our Pivot:59.84

Our Preference: Buy above 60.20 with strict stop loss of 59.84 and target at 60.80 and 61.10.

Alternate Scenario: Downward penetration of 59.84 will call for 59.34.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.