WTI crude oil is pushing towards the 200-days SMA and 92.40 horizontal key support. A break below 92.40 may signal a downside breakout, initially towards 90.60 swing low. We are obliged to remain on the sidelines, awaiting further confirmation.

Support: 92.40, 91.10, 90.10, 89.30, 87.80
Resistance: 93.50, 94.40, 95.00, 95.50, 96.20
Recommendation Based on the charts and explanations above, we prefer to be neutral awaiting confirmation

Support: 92.40, 91.10, 90.10, 89.30, 87.80
Resistance: 93.50, 94.40, 95.00, 95.50, 96.20
Recommendation Based on the charts and explanations above, we prefer to be neutral awaiting confirmation