[stock-ticker]

Here is a 60min bump and run in the lead-in phase. Price prints at a discount verse the 200sma with the attempt at premium was shut down on Monday. Overhead supply is concerning from the 46.70-48.30 level that may unlock if the auction is not properly advertised.

Screen Shot 2016-09-07 at 9.34.46 AM

WTI’s lack of response to Forex flows is concerning for WTI bulls.

Screen Shot 2016-09-07 at 9.36.01 AM

Most important line in the sand for WTI 44.77 monthly Fib-Pivot.

2016-09-07_08-30-55