CLM10 – June Crude (Last:74.05)

If the futures relapse, look to go bottom-fishing at exactly 72.72.  That’s two cents above the ‘D’ target of a minor downtrend, and a 5-cent stop-loss is what this trade’s worth.  If the stop is hit, the next promising opportunity, as well as minimum downside objective, would be at exactly 71.36.  You can find these targets on the hourly chart,  using,  respectively, A=80.32, or 81.66.