Kirn
Long

End of month long

TVC:USOIL   Crude Oil (WTI)
68 1 0
Black line shows what I think will happen. Oil             will move up until end of buying new contracts this month, then settle lower as people take profits throughout. The same thing happened last month with profit taking adding 3$ to price of oil             .

The other line is the extreme of the same idea, the higher up it goes, the more profit taking will happen. Either way, don't expect the big move to happen until next month and new contracts. However, if Obama decides to put 100,000 soldiers on the ground in Syria tomorrow, I may need to change things around. He probably wont.
I accidentally put the peak of the black line too soon, anyway. I believe the period of buying new contracts ends on the 17'th. Look for peaks for a reversal around 2:28 EST that day, or on the 18'th.
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