CLG13 – February Crude (Last:93.81)

Is Crude poised for a breakout? Check out the excellent ‘camo’ opportunity visible at the right-hand edge of the February contract’s daily chart. I noticed it after the 93.45 entry signal had been tripped yesterday, but the signal itself will remain actionable via camouflage on charts of lesser degree. A stall so far at the 94.24 midpoint resistance beckons caution.  However, the fact that the point B high did not exceed October 10’s marquee high at 94.87 gives this bullish opportunity its allure.