Below is the daily continues CL. In my calculations, CL has potential to test 100.00 again and possibly higher. But for now the objective is set for a test of the previous 93.66 high, possibly by the afternoon of 12/12/12. Notice in the chart that the stoch. is moving above the 50% line and as usual some retrace my occur before taking off to the objective. If below 84.05 will void the above.
Warning: my opinion is solely base on mathematical calculations and does not include or takes into account: weather, broadcasting parrots, OPEC estimates, supply/demand, speculation or market manipulation.
The market always has the last word and in due time will show us the way.
“Watch your thoughts, for they become words.
Watch your words, for they become actions.
Watch your actions, for they become habits.
Watch your habits, for they become character.
Watch your character, for it becomes your destiny.” James allen - "As a Man Thinketh"