WTI Crude Oil Mid-day Analysis 24 July 2019

Further Advance

Our Pivot:56.07

Our Preference: Buy above 56.77 with strict stop loss of 56.07 and target at 57.73 and 58.24.

Alternate Scenario: Downward penetration of 56.07 will call for 55.19.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.