WTI Crude Oil Mid-day Analysis 14 July 2017

Further Advance

Our Pivot: 45.44

Our Preference: Buy above 45.81 with strict stop loss of 45.44 and target at 46.53 and 46.74.

Alternate Scenario: Downward penetration of 45.44 will call for 45.02.

NOTE: Supported by a rising trend line & falling trend line breakout  and create the up trend Channel.

Chart with Supports and Resistances: