The downtrend’s so-far failure to reach the 64.80 target could be a sign of incipient strength or even the start of a reversal of the mini-bear market that has cut oil’s price by 23% since it topped in September at 88.21 a barrel. Regardless, the February contract would become a fetching ‘mechanical’ short at the green line (x=75.88), stop 79.58. If there’s an expression of interest in the chat room at the appropriate time, I’ll provide guidance for doing so with a ‘camouflage’ trigger.