WTI Crude Oil Evening Analysis 27 Dec 2019

Further Advance

Our Pivot:61.37

Our Preference: Buy above 61.61 with strict stop loss of 61.37 and target at 62.21 and 62.50.

Alternate Scenario: Downward penetration of 61.37 will call for 61.03.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.