WTI Crude Intra-day Analysis 04 Oct 2017

 Under Pressure

Our Pivot: 50.57

Our Preference: Short sell below 50.14 with strict stop loss of  50.57 and target at 49.58 and 49.15.

Alternate Scenario: Upward penetration of 50.57 will call for 50.99.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.