Hi Dewey,

The Bean Oil needs to create more trend lines here...it's not looking like a crash, being that the energy is so low.

Here on the front month I'm looking for that top blue downtrend line to be penetrated... Possibly near the 50.00 area, and looking for the turn on the week of Feb 17th to kick off the next down leg... It looks like if you hit it right you could capture about 12 or 13 full points. Maybe hit 36.40 and turn to test the upper lines again...it will probably do that another of time before it breaks out to a good long position to test the historic highs, I think that would be nice one to capture for the year hopefully.