We have a preliminary signal for a WTI break lower from the wedge
formation it has been building for the past 3 weeks. We will need to confirm the breakdown with continued price action. Inital targets based on Fib levels of recent top and bottom are $43.48 ( 50% retracement
), $42.12 ( 61.8% retracement
) with the ultimate target being the low of ~$37.81 established on Aug 24th.