WTI Crude Oil Mid-day Analysis 22 July 2019

Further Advance

Our Pivot:55.70

Our Preference: Buy above 56.36 with strict stop loss of 55.70 and target at 57.45 and 58.08.

Alternate Scenario: Downward penetration of 55.70 will call for 54.89.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.