Just a little more selling would have brought May Crude down to a back-up-the-truck low at 64.25 where we would all have become bulls. Alas, the futures ran out the clock last week pussyfooting with lows just above this Hidden Pivot support, leaving a cloud of uncertainty hanging over the world’s most valuable commodity as the new week begins. There is obviously a lot of bottom-fishing going on, so we should expect some more stop-outs beneath prior lows before crude gets traction. Another possibility, less likely, would be a gap-up opening on Sunday that leaves bulls choking on dust. _______ UPDATE (Mar 20, 9:14 p.m.): The futures rallied nearly $4 from a 64.36 low that missed my target by 11 cents. This happened at 5:00 a.m., however, an inconvenient time for U.S.-based traders. Only one subscriber mentioned it, so I have not established a tracking position. Here’s the chart.