Mid Day Light Sweet Crude Chart
Quite the reversal as you can see from 101.29 down to nearly 99.25 which imo is the lower line in the sand.. below .25 . 99 will surely trade..
Worth noting the volume in the 5 minute period where crude failed 99.75 down to the 98.80 area over 13k contracts trades. Fairly high volume and above average going back a few weeks.