WTI continues to fall inside the short-term impulse wave (iii) of the minor impulse wave C, which belongs to the ABC correction (B) from the end of August. The price is currently trading near the key support level 36.650 (which stopped the previous (A)-wave at the start of September. Given the predominantly risk-off sentiment seen across global markets today, WTI is likely to fall further toward the next round support level 35.000 (former monthly low from June and the target price for the completion of the active impulse wave (iii)).