Has already found the top?! CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! MoodandMarkets A meaningful downturn could come. The rising trendline is about to break and trade below 32.70 would offer some additional evidence that the turnaround is underway. If higher highs are in the pocket than the next resistance is around 35 and than 40$. I would not like to pick the top, so more evidence required to open short position.