WTI Crude Oil Mid-day Analysis 22 Jan 2020

Further Advance

Our Pivot:57.59

Our Preference: Buy above 57.84 with strict stop loss of 57.59 and target at 58.20 and 58.50.

Alternate Scenario: Downward penetration of 57.59 will call for 57.32.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.