Crude Breakout or Fakeout-Critical Next Few Days
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-The next few days are critical to the next big move in crude. The market has broken the line that extends off of the August and March highs but remains below the March high (105.19). The current level is also marked by the 61.8% retracement from the 2013 high-at 104.19.
LEVELS: 99.89 101.61 102.90 | 104.73 106.38 107.58
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