WTI Crude Oil continues to break lower and pushes below 105.85 support level, to invalidate our earlier scenario. The price is approaching the ascending support shown on image; further downside is seen on a break below this support. However, we prefer to be neutral and wait for confirmation.
Support: 104.85, 104.30, 103.85, 103.00, 102.65
Resistance: 105.85, 106.00, 107.00, 107.35, 107.65
Recommendation Neutral