WTI Crude price action reached overextended level currently retesting 200 Day SMA. Indicators like MACD and Stoch are at overbought levels. Support on the downside are located at 93.23 which is 20 period SMA followed by 90.26 ( 38.2% Fib Retracement from July lows to September highs ) and 87.70-88.49 which are 50 SMA and 50% Fib Retracement respectively. Resistance on the upside is located at 100, falling trend line, followed by 105.50. Crude price is extremely exposed to ongoing Geo-Political developments in the Middle East and disruptive weather patterns especially in relation to the Gulf of Mexico region.