WTI Crude Mid-day Analysis 03 Oct 2017

 Under Pressure

Our Pivot: 50.98

Our Preference: Short sell below 50.67 with strict stop loss of  50.98 and target at 50.25 and 50.00.

Alternate Scenario: Upward penetration of 50.98 will call for 50.00.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.