Awash in Crude? Price to Fall to $88 ?

May crude

Crude Oil is unfolding nicely on a daily chart of the Mat futures contract as the embdeed image herein shows.

We are currently forming the CD leg to complete the Gartley pattern. This leg will complete itself with point D coming in under point B. So, look for crude to fall to the $88 -89 level if this pattern remains valid and follows through to completion. Sun-Pluto and Sun-Neptune geocentric aspects can signal turning points on Crude Oil pricing. I see a 45 degree hard aspect coming in the next couple days and a trine aspect coming on May 1. If I project a parallelogram  using the Beck methodology, I see that the apex should give a low in Crude round about May 1.


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