WTI Crude Evening Analysis 27 Sep 2017

Under Pressure

Our Pivot: 53.00

Our Preference: Short sell below 52.32 with strict stop loss of 53.00 and target at 50.39 and 50.95.

Alternate Scenario: Upward penetration of 53.00 will call for 53.63.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.