dunebonnie
yeah it does look like a great short term trade.
50 is a good psychological level, sell down seems artificial (high vol is indicating that in regard to tol distribution...), oil has been falling...
off a big % so im sure some fibanacci guru is drawing levels all over the shop :-P
my levels say next resistance is 66 so i will lighten up there, lest i am stopped out below 50: 1 cent risk 15 cent upside.