August Crude ended the week tap dancing on a crucial support at 68.75. That’s the midpoint Hidden Pivot of a pattern projecting to as low as 59.35.  The pattern looked like a bearish head-and-shoulders formation a week ago, but last week’s 19% slide turned the immediate picture even more bearish. Now, if the futures close below the red line for two consecutive days, it will significantly shorten the odds of a further slide to at least p2=64.05, or even to 59.35.