June Crude/ Still Hovering Under Resistance *PIC*

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June Crude still hasn't fallen out of bed despite breaking below $105 support and below its 6 month uptrendline. A break back over $105 would re-clear both and be bullish once again with price likely to double top at $114. Not out of the question either. Meanwhile a short at $105 with a stop above at your comfort level above would be the standard technical trade. The breakdown was bearish but somehow this just looks like it would love to blow the bears socks off and rally much like the SPX did. You pays your money and takes your chances. "OR" stand aside......................

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