Crude Oil (WTI)
BullishArchived analysis from Oct 28, 2026, 2:25 PM
Key insight
100.00 psychological level now flipped to support — hold above it and 105.00 (2026 swing high) comes into play. Lose it and the 50-day MA near 97.50 becomes the next defence.
101.57 clears the key 100.00 psychological level with a +2.26% surge, confirming bullish momentum. Supply discipline from OPEC+ and elevated geopolitical risk premium keep the upside bias intact above 100.
Main risk
Global Demand Slowdown Risk
Soft Chinese industrial data or US recession signals could snap WTI back below 100.00 fast, invalidating the breakout.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→