WTI Crude Oil Mid-day Analysis 21 Jan 2020

Further Advance

Our Pivot:57.52

Our Preference: Buy above 57.86 with strict stop loss of 57.52 and target at 58.45 and 58.80.

Alternate Scenario: Downward penetration of 57.52 will call for 57.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.