WTI Crude Oil Mid-day Analysis 17 Dec 2019

Further Advance

Our Pivot:59.67

Our Preference: Buy above 59.95 with strict stop loss of 59.67 and target at 60.45 and 60.75.

Alternate Scenario: Downward penetration of 59.67 will call for 59.16.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.