well we got down to 65$ which wasnt bad only 5% of TPI didnt buy...

well we got down to 65$ which wasnt bad only 5% of TP

I didnt buy as I thought it would have went a bit lower  - oh well that investing.

Now we have had a little bit of a reprieve but still below the medium and long term upper trend lines. There are some clear s&r lines. On the downside if we want to see a continuation of the downward momentum will need to break 68$ and 65$. On the otherhand a break of 72$ could see a return to the upper LT channel - a break to the upside there would be significant.

As all know and based on my view of fundamentals blah blah blah I sticking to the downside case (until invalidated by upper breaks as noted) for now but I have mentioned b4 key will be US china trade and lets c what happens at the G20

 see the graph which by the way is not representing a worldview and all econmic factors - its just a cba price chart - what you read into is upto the individual.