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http://finance.yahoo.com/news/citigroup-crude-oil-prices-might-125958312.html

Citigroup: Crude Oil Prices Might Hit $32 per Barrel

By Gordon Kristopher
6 hours ago

Will Crude Oil Prices Hit $33 per Barrel?
(Continued from Prior Part)
Downtrend channel

September WTI (West Texas Intermediate) crude oil futures contracts broke below the key psychological mark of $42 per barrel on August 19, 2015. Prices are trading close to the new support of $40 per barrel as of August 19, 2015. The unexpected rise in crude oil inventories led to the collateral damage in crude oil prices in yesterday’s trade.