WTI crude futures are trading at $87.90. It is down $-1.18 or -1.52%. The highest price was $88.7 . The low price rose to $87.10. Looking at the hourly chart, this week’s high was in the early October swing zone between $89.72 and $90.37. The high price stopped far from the range. Returning to the downside, the price returned to the intraday range near $86.98. It was also close to the October trading range of 38.2%. A move back below this level and below the 100 hourly moving average, which is currently at $86.62 (see the blue line on the chart below), would shift the bias further down and force investors to look to the 200 hourly moving average. $85.62.