Gustav didn’t pack quite the destructive punch that had been expected, and so crude has collapsed early Tuesday morning. The so-far low has been 105.48, not far from a Hidden Pivot at 105.18 that I’ve extrapolated from the hourly chart (where A=117.22, September 1). Any lower would indicate 103.64, but I am not recommending any shorts other than via real-time signals, since bulls who confidently initiated the hurricane trade on Friday have probably been punished enough.