We would have been ultra-cautious about trading a midpoint only slightly above the “B” point of a hidden pivot pattern, especially in the volatile crude oil market.  But after surpassing that midpoint by only five cents, the market dropped $1.50.  Oil bears who see this as the end of the recent rally should look for small patterns to provide shorting opportunities.  If the market breaks the $81.00 level, however, we should look forward to a battle royale at the 15-month high.  The D target of this pattern, at 84.74, is 22 cents below that high, so we might expect some intrepid pivoteers to be among the front-runners.  _______ UPDATE (1:58 p.m. EST):  In volatile trading after an inventory report, oil rallied above $81.00 and then settled back somewhat.  Oil traders should now be watching for small bullish patterns.