HK_L61

CL - Daily / 86.42 Pivot / API Tomorrow

NYMEX:CL1!   Light Crude Oil Futures
EIA Thursday - last week's report was negative for CL.

No matter, with JPM calling for first $125 Crude
then $100 Crude revied later... Its clear the Operators
are having their way with Black Gold.

it is approaching an Overbought condition, but that is
becoming meaningless quickly as it can continue to
expand for some time.

The prior HIghs near this level tool 43 days to resolve,
sounds like a great many sleepless nights.

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The Symmetry breaks @ 86.42.

Extensions indicate 94.43 / 104/11 / 114/32

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GAS PRICES IN CALIFORNIA HAVE NOT RISEN IN 2 MONTHS
WHILE CRUSE HAS MOVED UP 23%.

Makes perfect sense...



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