Crude_
a slowdown in European demand and a closing of the Straits of Hormuz creating confusion.
long term pressures are up but the shorter term trade pressures have peaked and are turning down.
crude reached the 101 target and consolidated for a month.
the sell entry was on 12/8 at 100.42 and moved quickly to the 94.55 target.
the next target down is 87.60.
will need to take out 101 to resume the uptrend.