Crude Oil (WTI) may fall to 81.35 - 81.70

(Q4) Intraday: target 81.35.

Pivot

82.65

Our preference

Short positions below 82.65 with targets at 81.70 & 81.35 in extension.

Alternative scenario

Above 82.65 look for further upside with 83.05 & 83.45 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

83.45

83.05

82.65

82.10 Last

81.70

81.35

81.00

Number of asterisks represents the strength of support and resistance levels.

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