WTI Crude Oil Mid-day Analysis 15 May 2019

Further Advance

Our Pivot:60.20

Our Preference: Buy above 60.89 with strict stop loss of 60.20 and target at 61.96 and 62.50.

Alternate Scenario: Downward penetration of 60.20 will call for 59.39.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.