WTI Crude Oil Intra-day Analysis 09 July 2020

Further Advance

Our Pivot:40.35

Our Preference: Buy above 40.65 with strict stop loss of 40.35 and target at 41.17 and 41.55.

Alternate Scenario: Downward penetration of 40.35 will call for 39.89.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.