WTI Crude Oil Mid-day Analysis 06 Nov 2019

Further Advance

Our Pivot:55.98

Our Preference: Buy above 56.62 with strict stop loss of 55.98 and target at 57.47 and 57.95.

Alternate Scenario: Downward penetration of 55.98 will call for 55.17.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.