Crude’s stab through the 69.61 midpoint resistance of the pattern shown all but guarantees more upside to at least 74.79.  This will once again repeat a cyclical phenomenon that has not failed in years: a bottom in energy quotes whenever prices at the pump fall to $3.  A cynic could almost believe oil’s tiresome ups and downs are staged by a nefarious cabal to optimize their looting of the world’s largest commodity market. Whatever the case, it trades like it’s got the heebie-jeebies, an embarrassment not only to those who purport to regulate it, but to civilization itself.