WTI Crude Oil Mid-day Analysis 04 July 2019

Further Advance

Our Pivot:56.26

Our Preference: Buy above 56.84 with strict stop loss of 56.26 and target at 57.64 and 58.08.

Alternate Scenario: Downward penetration of 56.26 will call for 55.37.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.