Crude Oil

Was initially looking for a counter trend Top into the 7th July but it looks to have come in one day late for the 8th so this could be a good point to go short leading into the 14th - 15th July projected Low. Will update the figures tonight. If we continue to move down from this point we could be looking at Low into the 14th - 15th July as outlined above so to qualify the Cycle we will have to trade below the 95.10 July 6th Low which could be a strong possibility as we still have a few days left before the target date . This is a primary Cycle date so we should see a significant shift in market sentiment on this date .