WTI crude remains on-trend despite dull session

While US crude oil is on a 14 day bullish trend, Today's session might suggest a slow down — West Texas crude trades at $82.5 per barrel, after ending Friday at $82.52.

Crude Oil's upper Bollinger Band® is at $85.28, suggesting that a downward move may follow.

Despite the market lacking direction, technical chart analysis strongly suggests West Texas crude is positioned for a downward move in the near term.

Meanwhile, mixed performances are seen in other Energy as Natural Gas moves up 2.89% to trade around $2.17.

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States Building Permits (Mar) scheduled to come out tomorrow at 12:30 UTC.

WTI crude oil is now trading 32.41% below the significant high of $122.09 it set around 10 months ago.