CLZ11 – December Crude (Last:89.44)

December Crude (CLZ11) price chart with targetsThe near miss of the rally target shown in the chart suggests Crude might be ripe for shorting, although for once I’ll leave the challenging task of camo-ing your way aboard to you.  There was a southbound impulse leg developing on the 15-minute chart as we went to press, but it was stumbling at the midpoint support, perhaps hinting of a bullish feint.