WTI Crude Oil Mid-day Analysis 12 Nov 2019

Further Advance

Our Pivot:56.31

Our Preference: Buy above 56.90 with strict stop loss of 56.31 and target at 57.83 and 58.28.

Alternate Scenario: Downward penetration of 56.31 will call for 55.56.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.