WTI Crude Oil Market Analysis 2026.04.15 In my March 27 tweet, I mentioned that the rise in crude oil starting from 76 was a rebound, targeting the downward black segment on the left side of Chart 2. After not breaking below the observation point at 84.5, crude oil made a violent V-shaped reversal. As expected, it ended the rebound near the next resistance zone and then plummeted, confirming my statement that the rise from 76 was just a rebound. The market chart I shared in my April 13 tweet was perfectly validated today (Chart 2). The current drop starting from 106.5 is on the same level as the first drop shown on the left side of the chart. Next, keep an eye on the red resistance zone at 90.3-91.5 in Chart 3. If this zone cannot be broken, crude oil still has the momentum to continue falling.