CRUDE ANALYSIS

Crude looks like it has setup a H/S on my trading chart (144T). It also appears as though it wants to fail.

It measures .80 and targets down to around 65.90. The 161.8% projection from the high is conveniently close at 65.96. We will see how this plays out.
The pattern looks like it is setting you a Head and Shoulder pattern which should work but don't think it has to so be careful and use stops.


Notice we hit that 67.50 area I said was the PERFECT area to short and you SHOULD be short there with a stop appropriate to the H&S pattern

We will see.




MARKETJEDI