Daily crude chart, I can’t believe the difference in charts between CL (Investing.com) and WTI (Stockcharts), I was looking for a possible channel that price may be running in and WTI has broken support on any channel I could find with lower prices looking like a good possibility, although min/hourly charts look bullish for a bounce.

The investing.com chart linked in comments shows a channel that crude may be running in and if true has found support within pennies of breaking that support, we are sitting right at the 23.6 fib of the June 2014 high. Looks like a good place to go long for a bounce with a close stop.

The blue MA is a treat for you guys, I back tested this with Oscar Carboni’s OTAPMA on many different indices and it is really, really close, within pennies, notice how price has interacted in the past, if we lose the support of OTAPMA we could get a swift drop.