CLH11 – March Crude (Last:93.57)

March Crude (CLH11) price chart with targetsI’ve provided two precise Hidden Pivot targets at, respectively, 95.90 (100.17, basis the April contract) and 99.26 (107.01, basis April) where we might expect a tradable pause, but there is no reason to think that $100 crude represents more than a fleeting obstacle to a mounting geopolitical maelstrom that could push quotes $50 higher in mere hours.  Ponder the target shown in the inset and you’ll see what an easy romp it will be to 110.90 (111.32, basis April).