Crude oil is approaching a longstanding target at 89.88.  December crude oil futures have traced out a very elegant pattern from a starting point at 75.10, visible on the weekly chart as a simple, classic form.  The “D” target at 89.88 is near enough to the round ninety-dollar number that it is probably not wise to trade the pivot with a tight stop entered ahead of time.  Traders should watch the market as it approaches $90 and use hidden pivot techniques to identify and short a downturn there.  A reversal near the pivot that does not quite touch 90.00 should be strongly preferred.  (Posted by Doug McLagan)