WTI Crude Oil Mid-day Analysis 19 Dec 2019

Further Advance

Our Pivot:60.24

Our Preference: Buy above 60.58 with strict stop loss of 60.24 and target at 61.10 and 61.40.

Alternate Scenario: Downward penetration of 60.24 will call for 59.84.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.