WTI Crude Oil Intra-day Analysis 29 May 2020

Further Advance

Our Pivot:32.27

Our Preference: Buy above 32.94 with strict stop loss of 32.27 and target at 33.99 and 34.42.

Alternate Scenario: Downward penetration of 32.27 will call for 31.31.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.