WTI Crude Oil tested intraday high of 82.78 which acts as resistance for the day thus far. Stochastic signal line reading 59 rising above slow stochastic reading 39 still remains below RSI reading 62 and this may limit today's upside attempts. Exhaustion at 82.78 may push Oil down to 82.02 which is middle Bollinger Band in 4 Hour chart and test intraday support at 81.15
Weakness at 81.15 may extend the fall to 50 EMA 80.75 and 78.80 where 100 SMA awaits quietly.
Accumulation and consolidation around support area may help Oil return to 82.80 and test 83.15 which is acceleration point for next leg higher 84.50 and 87.90
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