WTI On March 27, I defined the rise in crude oil from 76.9—marking it as a rebound against the 120.3-76.9 range. I also mentioned the key resistance level at 102-104, but ultimately, it failed to break through this range effectively and dropped sharply after the rebound ended. The future trend for crude oil is quite clear: either it consolidates for a while before declining, or it continues the already established downward trend and drops directly. The chart used in the previous post wasn’t very precise, so moving forward, I’ll use the standard 'West Texas Intermediate Crude Oil cash' chart.