CAN CRUDE GET THROUGH THE BIG BARRIER?

WTI CRUDE SHOULD SOON MAKE A MOVE

WTI CRUDE made a peak in early March, dropped back and then attacked the March top in mid April which failed and once more it has failed at the barrier across the tops...this time it has dropped back to its short term uptrend which leaves two critical levels as highlighted below...one of which will give way fairly soon. The InvesTRAC daily Direction Indicator is rising but could turn down today if price closes weaker and the forecaster shows a top in place with another stab on the upside into Tuesday and then it drops away until June 24th.