Oil (spot) - Intraday - We look to Buy at 59.25 (stop at 58.75)
Previous of 60.30 broken.
The previous day's candle led to further buying yesterday. This is positive for sentiment and the uptrend has potential to return.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Our profit targets will be 60.75 and 61.50
Resistance: 60.95 / 61.50 / 62.50
Support: 60.10 / 59.25 / 58.75