A query concerning July Crude during Wednesday morning’s weekly webinar elicited a bearish forecast that calls for a further drop of about $13 on top of the $12 decline that has already occurred since the last rally peak in early May near $90.   The actual target, a Hidden Pivot midpoint, lies at 56.68, and if it is reached, the futures will have fallen nearly 37% in just three weeks.  The target comes from the weekly chart, where A=117.28 in September 2008.