Someone in the chat room asked for reading in crude, but I can’t find anything more in the chart than you can. The December contract has been working on a bullish flag for more than a month, and there’s not much more you can say.  If you study the hourly chart closely, you’ll see that the tail end of it — meaning everything from Tuesday on — has provided camouflage for a long entry at 79.22, with an 80.86 target and a 79.77 midpoint.  This may not portend the beginning of a breakout, but the pattern itself provides a way to bet on it without risking an arm and a leg. _______ UPDATE (1:03 p.m):  Crude made it to 80.53 before diving, so longs, even trailed by a generous stop-loss, would have made money without cooperation from the larger trend.