WTI Crude Oil Mid-day Analysis 07 Oct 2019

Further Advance

Our Pivot:52.25

Our Preference: Buy above 52.76 with strict stop loss of 52.25 and target at 53.79 and 54.26.

Alternate Scenario: Downward penetration of 52.25 will call for 51.48.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.