WTI Crude Oil Mid-day Analysis 31 Dec 2019

Further Advance

Our Pivot:60.47

Our Preference: Buy above 61.24 with strict stop loss of 60.47 and target at 62.65 and 63.36.

Alternate Scenario: Downward penetration of 60.47 will call for 59.45.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.