WTI Crude Oil Mid-day Analysis 21 Nov 2019

Further Advance

Our Pivot:56.18

Our Preference: Buy above 56.55 with strict stop loss of 56.18 and target at 57.36 and 57.75.

Alternate Scenario: Downward penetration of 56.18 will call for 55.63.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.