WTI Crude Oil Mid-day Analysis 15 November 2016

Further Advance

Our Pivot: 43.50

Our Preference: Buy above 44.00 with strict stop loss of 43.50 and target at 44.63 and 45.00.

Alternate Scenario: Downward penetration of 43.50 will call for 43.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances: