WTI Crude Oil Mid-day Analysis 13 Jan 2020

Further Advance

Our Pivot:58.45

Our Preference: Buy above 58.83 with strict stop loss of 58.45 and target at 59.71 and 60.11.

Alternate Scenario: Downward penetration of 58.45 will call for 57.83.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.