WTI Crude Oil Intra-day Analysis 30 June 2016

Further Advance

Our Pivot: 48.57

Our Preference: Buy above 49.25 with strict stop loss of 48.57 and target at 50.00 and 50.50.

Alternate Scenario: Downward penetration of 48.57 will call for 48..01.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances: