WTI falls below $100 but uptrend remains in tactCrude Oil FuturesNYMEX_DL:CL1!FOREXcomOil extended its recovery from the 20 SMA, running into resistance at 106.85 before falling lower, breaking below the 100.00 psychological level. Sellers will look to extend the selloff towards 95.00, the 38.6% Fib retracement of the 55.00 low and 120.00 high. Below here, the 20 SMA, which has guided prices higher, comes into focus at 93.60. A break below 88.00, the 50% Fib retracement, creates a more bearish chart pattern bringing 80.00 into play. However, for now, the uptrend remains intact. Buyers will look to rise above 100, to bring 105.00 back into focus, the 23.6% Fib level. FC