WTI Crude Oil Mid-day Analysis 29 Aug 2019

Further Advance

Our Pivot:54.50

Our Preference: Buy above 55.16 with strict stop loss of 54.50 and target at 56.35 and 57.09.

Alternate Scenario: Downward penetration of 54.50 will call for 53.69.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.