WTI Light Sweet Crude Oil, DAILY Market Analysis 10/25/22

For Tuesday, 82.03 can contain session weakness, 85.67 in reach and able to contain session strength. Closing today above 85.67 indicates 90.14 within 2-3 days, where the market can top out through next week and the level to settle above for yielding the more meaningful 97.57 - 98.96 area within 1-2 weeks. Downside Tuesday, closing below 82.03 signals 77.94 longer-term support within 3-5 days, able to contain selling through November, and above which the 97.57-98.96 region is attainable over that time horizon.