WTI Crude Oil Mid-day Analysis 29 July 2019

Further Advance

Our Pivot:55.81

Our Preference: Buy above 56.11 with strict stop loss of 55.81 and target at 56.74 and 57.00.

Alternate Scenario: Downward penetration of 55.81 will call for 55.34.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.