WTI Crude Oil Mid-day Analysis 05 Dec 2019

Further Advance

Our Pivot:57.43

Our Preference: Buy above 57.92 with strict stop loss of 57.43 and target at 59.13 and 59.62.

Alternate Scenario: Downward penetration of 57.43 will call for 56.75.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.