WTI has fallen away in a straight line ever since the short triggered on Thursday and is now around 390 or so pips to the good. It should fall away a little lower still, towards the first support line at 67.22 and can spike down to 66.48 at likely lowest before it starts to bounce away to the upside again. Look to close out at least half of the short and drop the stop on the rest to just 11 pips above current close (but not until London opens). We should see a good rally from this range back as high as the 69.48 line. If wrong at this point and WTI finds no support arriving from London it will then plunge lower still until it can find buyers again at the 65.55 line where dynamic and fixed support lines meet. From a bull perspective this level must hold through the coming week at lowest. Any failure here will tip WTI into deeper bear territory still and force a capitulation move back to 61.92. Some good trades still to be had from this complex. Second only to Bitcoin for volatility and fine trades - but the spread is wider, which is odd considering the great old age of one complex against the infant's age of the other. The old and the new. Probably the two best playing-fields across the entire spectrum of investments - for active traders and momentum traders alike. But ETH is beginning to challenge this hierarchy as the weeks pass by. More on that one later