WTI Crude Oil (USDWTI) has been choppy in 2017, but also bearish. It is keeping that mode today as price held under 52.00 and retreated sharply to close around 48.80.USDWTI Daily Chart(click to enlarge)Choppy and Bearish:- As we can see on the daily chart, USD/CAD has been very choppy, with wide swings up and down.- But, price is making lower highs and lower lows.- Furthermore, the RSI has tagged 30 and below, while holding below 70. This means there has been strong bearish momentum, but failing bullish momentum.Next Support:- If price action remains choppy/bearish, we should anticipate price reaching the 43 area, which is a common support in September and November 2016. - Below 43, the bearish outlook for now is the 39.25 area, which is the August 2016 low.- The strongest bearish outlook in my opinion should be limited to 35. I think price action will mostly be between 40 and 50, with some extension above and below. We had the extension to 55 earlier in the year, and we might later see an extension down to 35.