CLV22 – October Crude (Last:85.41)

I’ll leave crude on the core list for now because it is such an important commodity. However, I will provide trading guidance only if it is explicitly requested for charts posted by subscribers in the chat room. The pattern in the hourly chart shown was validated by Friday’s stall almost precisely at p=86.89. As always, a decisive move through it, especially if it occurs shortly after first contact, would portend more upside to, in this case, at least p2=89.74; or if any higher, to D=92.58. _______ UPDATE (Sep 16, 12:46 a.m.): Use D2=77.75 shown in this chart as a minimum downside target if crude relapses.