• Major resistance -$31.80 (trend line joining $38.28 and $34.79)
  
  
• Major support - $30.70 
  
  
• US oil breaks major resistance $31.80 and jumped till $32.16 at the time of writing. It is currently trading around $32.13.
  
  
• Short term trend is slightly bullish as long as support $30.70 holds. 
  
  
• On the higher side any break above $31.80 will take the commodity to next level till $33.79/$34.80.
  
  
• Any break below major support will drag the commodity down till $30/$39.
  
  
• Short term weakness below $28.70

Buy US Oil around $32-$32.10 with SL around 30.70 for the TP of $33.78/$34.75