The break back below $60.98 warned of heavy pressure. We have seen $42.77 of this so far. The $1.50 break below $43.32-33 projects this downward $23 minimum, $34 (+) maximum. We have seen $25.11 of this so far. THESE ARE ON HOLD. The decent trade above $20.98 (-4.6 tics per/hour) projects this upward $6.40 (+) maximum. We have attained $6.41 so far as of 7:00am. We are likely now in a bullish correction against the move down from $64.39. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Crude and Energy/Gold complex. If you are interested, please feel free to reach out.
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