TECHNICALS — US oil may test support at $90.88

For more technical analyses, click TECH/C SINGAPORE, Sept 24 (Reuters) — US oil November contract may test a support at $90.88 per barrel; a break below could trigger a fall into the $89.19-$89.83 range. The downtrend is presumed intact within a falling channel. Five small waves make up the trend. The fifth wave, the wave e is unfolding toward $89.19. A break above $92.56 may lead to a gain into the $93.60-$94.45 range. Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are published exclusively on the Workspace platform, a London Stock Exchange product. * No information in this analysis should be considered as being business, financial, or legal advice. Each reader should consult his or her own professional or other advisers for business, financial, or legal advice regarding the products mentioned in the analyses. ​ tech (Reporting by Wang Tao; Editing by Sherry Jacob-Phillips) ((wang.tao@tr.com; +65 6973 8364 / 9188 4196 (whatsapp)