WTI Crude has broken short term support $55 and declined till $52.41. Further bullishness can be seen only above $56. Any indicative break above $56 would extend gains till $57.32/$58.
On the downside minor support is around $51.80 and break below targets $48/$43.
It is good to sell on rallies around $53.25-.50 with Sl around $56 for the TP of $47.80/$43.
On the downside minor support is around $51.80 and break below targets $48/$43.
It is good to sell on rallies around $53.25-.50 with Sl around $56 for the TP of $47.80/$43.