WTI Crude Oil Mid-day Analysis 09 Dec 2019

Further Advance

Our Pivot:57.91

Our Preference: Buy above 58.59 with strict stop loss of 57.91 and target at 59.80 and 60.22.

Alternate Scenario: Downward penetration of 57.91 will call for 57.10.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.