WTI Light Sweet Crude Oil, DAILY Market Analysis 11/1/22

The 77.45 region can contain selling through November, above which 97.66 is attainable over that time horizon, able to contain buying through December and the region to settle above for signaling 2-3 months bullish continuation to 111.95, where the broader market can top out through winter activity. Downside, a weekly settlement below 77.45 indicates 68.50 by the end of November or sooner, able to contain broader market selling through the balance of the year.