WTI Crude Evening Analysis 02 Oct 2017

 Under Pressure

Our Pivot: 50.90

Our Preference: Short sell below 50.65 with strict stop loss of  50.65 and target at 50.10 and 49.82.

Alternate Scenario: Upward penetration of 50.90 will call for 51.22.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.