WTI Crude Oil Mid-day Analysis 16 Oct 2019

Further Advance

Our Pivot:52.11

Our Preference: Buy above 52.53 with strict stop loss of 52.11 and target at 53.32 and 53.76.

Alternate Scenario: Downward penetration of 52.11 will call for 51.49.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.