Fib says this could be it... The area for a reversal.
To pick theeee exact spot is difficult but support is in this area.
If support is broken next support comes in at the $25ish handle.
For the moment I'm neutral but will get very if we see some consolidation and up move here.
Remember it's a monthly chart.
Trade What U C
BLawrenceM for @WallSt$calper
Take a look at this Crude Oil 1 Day time frame Chart from 5/1/2011 to 6/16/2014
Here's a video showing you proof that WWW = 666