Dec Crude has run up to the top of the Rising Wedge return line poking its nose over $100. While $100 is resistance it is not unusual for Crude to overshoot strong price resistance. See price action at this price level in July and before that in May/June. Price is not likely to remain above this level for long, But only a break below its uptrendline would suggest a breakdown of the Wedge like the previous one shown. That is the acid test. And like the previous Rising Wedge it classically retraced the entire Wedge. Bottom line: Watch the uptrendline to break down for confirmation. Until then price can continue to bump the upper return line higher.