Crude oil prices and prices at the pumps have been getting out of control and that has gotten the attention of the Biden government as they look for ways to add more supply to the market to bring down the price. While geopolitical tension is still a lingering issue we must keep an eye on the prices and the levels for a sense of how traders are positioning themselves. With crude oil being overbought lately, it is likely that profit taking will come through pushing prices down further. Watch out for 88.85, 87 and 86.15 to the downside.