Light Crude Oil Update: Five Bearish Signs LIGHT CRUDE OIL FUTURES NYMEX:CL1! 649bruno Update Of Chart Published Two Hours Ago: The Lady Or The Tiger? There are five signs the price movement will go lower: 1. RSI/ Stochastic (top indicator) has rolled over and is heading lower; 2. MACD 5/34 (middle indicator) has rolled over and is heading lower, bearish cross, and histogram of same is below zero line; 3. Phase energy (lower indicator) has three successive red bars heading lower; 4. Price is trading below the Ichimoku Cloud thick red conversion (usually a sell signal); 5. Lower indicator under chart is CHOP ZONE and this has turned negative. In my opinion, a sell Fractal will most likely follow. Don.