WTI Crude Oil Mid-day Analysis 22 June 2017

Under Pressure

Our Pivot: 44.22

Our Preference: Short sell below 43.00 with strict stop loss of 44.22 and target at 41.60 and 41.00.

Alternate Scenario: Upward penetration of 44.22  will call for 45.72.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances: