Crude Oil passed above the downtrend resistance which could be the first sign of more advance.
As we see over the chart, the market faces supports at 88.70 and 86.00-50 where each support could activate an advance wave towards the 93.00 and 95.35 levels.
Below 86.00 more of a drop toward 82.00 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 88.70 | 93.00 |
| LEVEL2 | 86.00-50 | 96.35 |
| LEVEL3 | 82.00 | 98.50 |