US Oil breaks minor trend line resistance $29.10, targets 31.40

• 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