WTI Crude Mid-day Analysis 28 Sep 2017

Under Pressure

Our Pivot: 52.45

Our Preference: Short sell below 52.23 with strict stop loss of 52.45 and target at 51.62 and 51.39.

Alternate Scenario: Upward penetration of 52.45 will call for 52.80.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.