WTI crude oil (CONC) 2-hour market analysis

WTI crude oil is currently experiencing a downward trend on the 2-hour chart after a rally and subsequent pullback, having continually corrected from the recent high above 87. The current resistance levels are at 86.0 and 86.57, while the support levels are at 84.69 and 84.20. The short-term outlook is weak, and the price is likely to continue fluctuating downward. If the 84.69 support is effectively breached, it will further open up downside potential.