CL - 77s were the HWB CRUDE OIL FUTURES (AUG 2021) NYMEX:CLQ2021 JRML115847 Crude Oil Curve remains in Backwardation out to May 2022 @ 66.71. A clear warning sign. We will be selling to open CL SEP as Front Month (August) approaches 73.50, An inverse Ladder will be used off the -.382 up the -.618 The Curve supports our higher sells on the 77 Daily HWB of highs to lows, CL traded 76.98 - Sells to open were closed @ 71.57 although the low printed 80 tocks lower, the rest has been profitable on retracements. It is growing increasingly technical. Crude Oil leads and along with Copper , Lumber and Precious Metals - we see early signs of weakness. We are looking for 70.56 and then 67.61 in the next few weeks to a month. The CL Curve supports this thesis and Trade Plan.