WTI crude oil has broken out of a falling bullish wedge pattern, suggesting a possible continuation of its upward trend after a bearish correction. Confirmation requires a daily close above $93.97, which marks the wedge's upper boundary. Support at $88.66, near the 50-day moving average, strengthens the bullish outlook. Key resistance levels to watch are $96.25 and $100.43, with a weekly bullish hammer pattern potentially adding momentum. A drop below recent lows could test support near $86.92 while maintaining the wedge structure.
WTI crude oil price forecast is the subject, with Pluang market data as of Oct 09, 2026 03:02 WIB. For readers following US stocks, here is Pluang's market snapshot: out of 150 priced US stocks tradable on Pluang, 80 rose and 70 fell today. Notable movers include NIO at USD 3.42 with a 1-day change of -3.53% and a typical hold time on Pluang of 81 days, DKNG at USD 19.82 with a 1-day change of +3.50%, and COP at USD 134.19 with a 1-day change of +3.35% and Pluang order activity showing 99% sell and 1% buy.
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