WTI Crude Oil Intra-day Analysis 19 July 2016

Further Advance

Our Pivot: 45.00

Our Preference: Buy above 45.55 with strict stop loss of 45.00 and target at 46.12 and 46.60.

Alternate Scenario: Downward penetration of 45.00 will call for 44.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances: