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CRUDE

5/27/14

8:30EST

CRUDE

The drip a dip reached 102.64 -

last update (portion)

5/27/14

1:50EST

Expecting a minor drip and dip down to 102.77 (bounce/Buy level) and possibly 102.60 although buying support begins at 103.30 to 103.17 (two fold increase at 17) none the less the major move is still up to 109/112 although 105.23/30 is the nearest profit target

NOW: 5/27/14

8:30EST

from 102.60 to 102.32 is a major swing buy level and once these levels are reached it must trade above 102.50 in order to qualify as such and a close above 103.10 means in the early stages of up to 105.23/30 and 103.53 confirms, and it looks like the move up to 105ish will first spend a few days consolidationg in the 103.33 to 103.84

102.50 is a key major pivot (in April)

Disclosure: I am long OIL.