With no volume on previous weeks rally ( see my previous chart), and now the roll- over south, i am start seeing this Bat to 1310 tp.
And then could be a possible set up for BULLISH BAT, for a good buy around 1309 - 1310. With tight BUY stop !!!
Looking at the monthly chart, crude market is still a waiting game. There was not much selling pressure from last month data- a fact. but we are still not sure unless the market moves price to above 57, with relatively high volume.