Crude Oil Forecast UPDATE

I commence with my gratitude to The All-Knower

Crude Oil has traded down since my forecasted date of reversal on 03/04 (+1 trading day).
Please see the attached chart for further price analyses. Next price levels to watch, if it breaks below the current level of $100, are $97.22, $94.92, $92.36. It MUST NOT break the level $89.77 (+/-$0.64).
If Crude Oil breaks the level of $97.00, then it is going to $89.77 (+/-$0.64).
Time Cycles remain the same. I shall be keenly watching these price cycle when going into the time cycles, as it shall reverse strongly.

Crude Oil Forecast 3-10-11

I commence with my gratitude to The Ultimate All-Knower

Crude oil has retraced, as forecasted in my previous forecast  (It went $1+ below my support zone). Crude oil has retraced in the face of on going unrest in Libya and Saudi Arabia. One would think that it should be skyrocketing, instead. However, the time cycles, are the actual forces, which drive and control the move of any financial market.  I had forecasted that there shall be reversal in crude oil price on 03/04 (+/-2 days) and around the price of $108. High on 03/07 (the very next trading day of 03/04) was 107.34 (only 66 cents away from my forecast). Therefore, price and time got squared, we had reversal. There is strong support at $100 level. If tomorrow (or Monday, the 03/14the) is the not the low then next low shall be 03/16-03/17 and next time cycle is 03/20 (which falls on the weekend). However, I am of the opinion that tomorrow has higher probability that it shall mark a swing low till next time cycle date. Next price target after $108 resistance (it created a reversal/resistance on 03/07), shall be $119.75.