Crude Oil

Still in the long term move up to 97.84, but against the downward time and trade pressures.
a trade closing below 87.16 will signal a new move down.
the Egyptian demonstrations caused a spike down but the immediate crude price recovery has voided the short entry.

the daily move down [85.11] almost met the 84.56 target. this move up thru 88.01 starts a new move up to 96.71 with resistance at 92.28.
time pressures turn up on Feb 27th.

[crude is still the down channel so be careful with the long trade.]