WTI Crude Oil Mid-day Analysis 30 Dec 2019

Further Advance

Our Pivot:61.20

Our Preference: Buy above 61.54 with strict stop loss of 61.20 and target at 62.12 and 62.43.

Alternate Scenario: Downward penetration of 61.20 will call for 60.72.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.