Crude oil momentum indicators whipsawed back to the sell side and now with negative divergence. Based on this holding of $105.22, crude should start going down to $86.2 within intermediate supports at 98.5, $95, and $90. In the yesterday's trading session, crude held the support of 40EMA and flew back to a high, trading above the 50.0 fib level. A break below the level of $100.0, crude will go back to crucial support zone of $98.5.
S1 100.0 R1 103.5
S2 98.5 R2 105.2
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