...and the jokes don't get better! Attached is a chart with some crude technicals on it. I thought I'd start my own thread instead of cluttering up others. Looking at crude, I'd say it's due for a bit of a correction. Nothing major, just a newer trading range as my rather crude chart would suggest. You could really interpret it either way from my chart, although I believe the fibonnacci lines suggest a downward trend and definitely the fundamentals are there for some consolidation. Weather was not as bad as predicted, and is a short-term phenomena. Supplies still increasing. No guarantee that OPEC will follow thru with cuts.