WTI Crude Oil Mid-day Analysis 02 Jan 2020

Further Advance

Our Pivot:60.34

Our Preference: Buy above 60.95 with strict stop loss of 60.34 and target at 61.99 and 62.59.

Alternate Scenario: Downward penetration of 60.34 will call for 59.51.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.