WTI Crude Oil Mid-day Analysis 16 Sep 2019

Further Advance

Our Pivot:57.62

Our Preference: Buy above 59.06 with strict stop loss of 57.62 and target at 61.42 and 62.35.

Alternate Scenario: Downward penetration of 57.62 will call for 55.67.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.