oil at critical level now .

For those watching oil you may of noticed that this range down is exactly the same as the range down from 49.40 - 40.89 = 8.51
55.65 - 8.51 = 47.14 and the low has been 47.10 .
Not quite sure on direction from here .

I'm guessing it needs to show lower tops and bottoms if the top is in so maybe another go up then take out the low soon for it to be down .
Really not sure .

ge