WTI Crude Intra-day Analysis 03 Oct 2017

 Under Pressure

Our Pivot: 50.62

Our Preference: Short sell below 50.42 with strict stop loss of  50.62 and target at 50.30 and 50.20.

Alternate Scenario: Upward penetration of 50.62 will call for 50.72.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.