WTI Crude Oil Mid-day Analysis 04 July 2017

Further Advance

Our Pivot: 45.87

Our Preference: Buy above 46.40 with strict stop loss of 45.87 and target at 47.69 and 48.39.

Alternate Scenario: Downward penetration of 45.87 will call for 45.40.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances: