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- Minor resistance - $29.10
- Minor support - $28.70
- US Oil has broken minor trend line resistance $29.10 and jumped till $29.38. it is currently trading around $29.31.
- Intraday trend is slightly bullish as long as support $28.70 holds.
- On the higher side any break above $29.10 will take the commodity till $30/$31.40.
- Any break below minor support will drag the US oil till $28/$27.
It is good to buy at dips around $29.20 with SL around $28.70 for the TP of $30/$31.40
