WTI Crude Oil Intra-day Analysis 15 May 2020

Further Advance

Our Pivot:27.32

Our Preference: Buy above 27.79 with strict stop loss of 27.32 and target at 28.65 and 29.03.

Alternate Scenario: Downward penetration of 27.32 will call for 26.67.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.