WTI Crude Mid-day Analysis 29 Sep 2017

 Under Pressure

Our Pivot: 52.77

Our Preference: Short sell below 51.98 with strict stop loss of  52.77 and target at 50.30 and 48.94.

Alternate Scenario: Upward penetration of 52.77 will call for 54.09.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances.