Crude Oil (WTI)

Rumours are that another huge gas play has been discovered near the Permian Basin, close to Sweetwater, Texas.
the cost of the April crude oil futures are $108/bbl, the may futures are $102/bbl, the June futures are $103/bbl.  [aka contango]
it seems that sooner or later this cheap abundant gas must have an impact on the alternative energy prices.

CRUDE_ is still in a consolidation move side ways-to-down, after meeting the 110.69 target in March.
the short entry price of 107.16 took the price down to the first target of 101.34, the next projection down is to 95.32.

the time pressires are down until 4/30.  It will require a move up thru 105 to get long.