Hi I don't know if crude will hit the 35 area (for a while at least) as the sell off today has dampened that somewhat. And the idea that we are seeing oil being in high demand (or perceived to be in high demand) is debatable from the Friday rally. My weekly chart shows a H&S with a projected target. But what I have done is instead of projecting down the target in points (which would have meant a target area of 13) I have projected the target down in % which seems more logical as low prices in any stock commodity would be somewhat distorted by a points target projection. Therefore the target for my weekly H&S projection is a round about 23. If I was short as of today I would place a target of 25-26 and be happy with that. I am NOT looking to go long the oil over supply problem is here to stay for some time.