Crude Oil (WTI) (J19) Intraday: further advance.

Date: 2019/03/14
Time: 03:11 (GMT +1)
Ticker: CL1
Last: 58.38
Pivot: 57.5
1st sup. 57.5
2nd sup. 57.05
3rd sup. 56.75
1st res. 58.7
2nd res. 59.4
3rd res. 60.1
Title:
Summary: Long positions above 57.50 with targets at 58.70 & 59.40 in extension.
Story: Pivot: 57.50

Our preference: long positions above 57.50 with targets at 58.70 & 59.40 in extension.

Alternative scenario: below 57.50 look for further downside with 57.05 & 56.75 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
60.10
59.40
58.70
58.38 Last
57.50
57.05
56.75